International EPC Order Win
Jyoti Structures Expands International Transmission Portfolio with Sri Lanka Power Project
NSE
jyotistruc
BSE
513250
Jyoti Structures Limited (JSL), along with Sri Lanka-based Hayleys Fentons Limited, has secured a joint venture contract for construction of the Mannar–Mullikulam 220kV Double Circuit Transmission Line in Sri Lanka. The project strengthens JSL’s international transmission portfolio and supports Sri Lanka’s renewable energy infrastructure expansion.
PRICE-SENSITIVE TRIGGER
Event: Award of international transmission infrastructure project in Sri Lanka
Type: International EPC Order Win
Impact: Positive
Immediate Effect: The order strengthens Jyoti Structures’ international presence in power transmission infrastructure and expands its regional EPC footprint beyond India.
Key Metrics:
- No financial value of the contract disclosed
- Project relates to construction of a 220kV Double Circuit Transmission Line
- Project linked to the Mullikulam Wind Power Transmission Project
- Supports evacuation of renewable power into Sri Lanka’s national grid
Highlight:
- Jyoti Structures expanded its international transmission portfolio through a strategic Sri Lanka transmission infrastructure project.
What Happened ?
Jyoti Structures Limited announced that it has signed a joint venture contract with Hayleys Fentons Limited, one of Sri Lanka’s leading EPC and engineering companies, for construction of the Mannar–Mullikulam 220kV Double Circuit Transmission Line.
The project has been awarded by National Transmission Network Service Provider (Private) Limited (NTNSP) under the Mullikulam Wind Power Transmission Project. The transmission infrastructure will support evacuation of renewable wind energy into Sri Lanka’s national power grid.
The company stated that the project reinforces its strategy of expanding global transmission infrastructure operations while strengthening regional energy collaboration.
key highlights
Project Details:
- Project:
- Mannar–Mullikulam 220kV Double Circuit Transmission Line
- Location:
- Sri Lanka
- Awarding Authority:
- National Transmission Network Service Provider (Private) Limited (NTNSP)
- Partner:
- Hayleys Fentons Limited
- Purpose:
- Transmission infrastructure for renewable wind energy evacuation
Strategic Importance:
- Strengthens JSL’s international EPC portfolio
- Expands presence in overseas transmission markets
- Supports Sri Lanka’s renewable energy transition
- Enhances cross-border infrastructure collaboration in South Asia
About the JV Partner:
- Hayleys Fentons is among Sri Lanka’s oldest engineering companies
- Strong presence across solar EPC, utility infrastructure, electrical systems, mobility solutions, and industrial engineering
Note:
- The company highlighted growing momentum in regional energy infrastructure collaboration and future-ready transmission networks.
Risk Analysis
Key Risks:
- International project execution risk
- Regulatory and approval dependencies in foreign markets
- Currency and cost escalation exposure
- Dependence on timely renewable project implementation
Worst Case Scenario:
- Any delays in project execution, regulatory clearances, or renewable project commissioning could impact revenue recognition timelines and execution margins.
Risk Level: Medium
Company Commentary
- JSL stated it is proud to partner on a landmark cross-border transmission project
- Management emphasized its expertise in high-voltage transmission infrastructure
- The company said the project will strengthen Sri Lanka’s renewable energy ambitions
- Hayleys Fentons highlighted the project as a strategic step toward infrastructure expansion and clean energy transition
Official Exchange Filing: Jyoti Structures Limited