WPIL Ltd Subsidiary Secures ₹426 Crore Contract in South Africa
Filing Summary
WPIL Ltd announced its South African subsidiary has received a contract from METSI KE MATLA JV. The contract is for the MCWAP2 Project of the Trans Caledon Tunnel Authority in South Africa. The total value is 821 million South African Rand, equivalent to approximately ₹426 Crores. The scope includes complete electro-mechanical and instrumentation works, with a commissioning timeline of 48 months. The company has confirmed that the contract does not constitute a related party transaction. This disclosure was made under Regulation 30 of SEBI (LODR) Regulations, 2015.
WPIL Ltd disclosed that its subsidiary in South Africa has received a new contract. The announcement was made in a regulatory filing dated November 17, 2025, in compliance with SEBI (LODR) Regulations, 2015.
The contract was awarded by METSI KE MATLA JV. The work is for the MCWAP2 Project, which is being executed for the Trans Caledon Tunnel Authority of South Africa.
The total value of the contract is specified as 821 million South African Rand. The filing notes the equivalent value in Indian currency as approximately ₹426 Crores. The company also stated that this contract does not fall within the definition of a related party transaction.
The scope of the work involves providing complete electro-mechanical and instrumentation services for the project. The specified timeline for the commissioning of the project is 48 months from the commencement of the contract.
The Trans Caledon Tunnel Authority (TCTA) is a state-owned entity in South Africa. It is responsible for financing and implementing bulk raw water infrastructure projects. The TCTA operates to ensure a sustainable and secure water supply for various sectors within the country.
WPIL Ltd is engaged in the business of fluid handling technology. The company’s core operations include the manufacturing and supply of a range of pumps, such as vertical turbine, horizontal centrifugal, and submersible pumps. It serves sectors including water supply, irrigation, power generation, and other industrial applications.