Manpower Services Company Secures New Order Worth Rs 1,86,00,000 From Enel Green Power India Pvt Ltd
The stock is up by 35.36 per cent from its 52-week low of Rs 155 per share.
Winsol Engineers Limited has secured a new service order from Enel Green Power India Private Limited, dated June 24, 2025. This contract involves providing manpower services (contractual employees) on a call-out basis, with deployment occurring as needed by the client, under an existing framework agreement. The maximum contract value for this domestic order is approximately Rs 1,86,00,000; excluding taxes. Valid for 12 months from its effective date, this order is expected to bolster Winsol Engineers' revenue growth and expand its client portfolio, further strengthening its relationship with Enel Green Power India.
Earlier, the company was awarded a work order from Juniper Green Energy Limited on June 10, 2025, with final terms confirmed on June 16, 2025. Valued at approximately Rs 5,55,75,250/- (exclusive of GST), this domestic lump-sum contract is for providing comprehensive services for a 300 MW Wind Power Project in Jam Khambaliya-Devbhumi Dwarka, Gujarat. The scope of work includes the complete design, engineering, assembly, inspection, installation, erection, testing, and commissioning of all electrical, mechanical, civil, and structural works for the 33 KV overhead transmission lines network. The entire project is slated for completion within six months from the order issuance date.
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About the Company
Winsol Engineers Limited, established in 2015, specialises in providing comprehensive engineering, procurement, construction, and commissioning services for Balance of Plant (BoP) solutions in the solar and wind power industries. Their focus lies in delivering essential components and services that ensure the smooth operation and efficiency of renewable energy facilities. Offering turnkey EPC solutions for renewable power companies, Winsol Engineers covers a wide range of BoP services, including foundation construction, substation civil and electrical work, right-of-way management, cabling to substation and grid, and various other crucial tasks.
The company has a market cap of over Rs 240 crore. The shares of the company have a PE of 20x, an ROE of 35 per cent and an ROCE of 36 per cent. The stock is up by 35.36 per cent from its 52-week low of Rs 155 per share.
Disclaimer: The article is for informational purposes only and not investment advice.