{
  "id": 17911761,
  "title": "Man Infraconstruction Secures EPC Orders Worth ₹583 Crore; Portfolio Rises To ₹858 Crore",
  "url": "https://urgent.news/2026/11/03/man-infraconstruction-secures-epc-orders-worth-583-crore-portfolio",
  "topic": "world",
  "section": "World",
  "published": "2026-11-03T04:47:45.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/man-infraconstruction-secures-epc-orders-worth-583-crore-portfolio-rises-to-858-crore"
  },
  "original_language": "en",
  "account": "Mumbai-based infrastructure firm Man Infraconstruction Limited (MICL) has secured two significant engineering, procurement and construction (EPC) contracts, bringing its EPC portfolio to approximately ₹858 crore. The two new orders, valued at ₹583 crore and ₹75 crore respectively, strengthen MICL's position in high-rise residential construction and port reclamation projects.\n\nThe larger contract, ₹508 crore, involves constructing a skyscraper residential tower at Marine Lines in South Mumbai. This project not only adds to MICL's high-rise portfolio but also enhances its presence in Mumbai's residential infrastructure sector. The second contract, a ₹75 crore Letter of Acceptance (LoA) from Bharat Mumbai Container Terminal Private Limited (BMCTPL), covers triangular yard-surcharging and reclamation works at the Jawaharlal Nehru Port Authority (JNPA) in Navi Mumbai.\n\nFollowing these additions, MICL's EPC portfolio has grown from ₹275 crore as of September 2026 to the current estimate of ₹858 crore. This expansion reflects MICL's diverse capabilities in ports, infrastructure, mass housing, and high-rise construction, with over 60 million square feet of construction experience across more than 60 projects in its portfolio.\n\nManaging Director Manan Shah expressed optimism about the new orders, noting that they represent a significant milestone for the company's EPC business. He emphasized MICL's ongoing focus on high-quality, predictable revenue streams while selectively pursuing external projects. The company remains committed to its captive requirements while exploring selective opportunities for external EPC work, with a concentration on projects that offer favorable cash flows and margins.",
  "summary": "Mumbai: Man Infraconstruction Limited (MICL) announced on Tuesday that it has secured two new engineering, procurement and construction (EPC) work orders aggregating ₹583 crore, strengthening its EPC portfolio to approximately ₹858 crore. The Mumbai-based infrastructure and real estate development company disclosed the development in a regulatory filing submitted to the BSE and National Stock…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}