Jyoti Structures Signs Cross-Border Transmission Infrastructure Contract

Mumbai, May 15: Jyoti Structures signed a joint venture contract with Hayleys Fentons Limited for the construction of the Mannar–Mullikulam 220kV Double Circuit Transmission Line project in Sri Lanka.

The mandate has been awarded by National Transmission Network Service Provider (Private) Limited under the Mullikulam Wind Power Transmission Project. The contract relates to evacuation infrastructure for power generated from the Mullikulam Wind Power Projects into Sri Lanka’s national electricity grid, according to company’s exchange disclosure on Thursday.

The company stated that the project strengthens its international transmission portfolio and expands its presence in regional power infrastructure markets. The project also aligns with Sri Lanka’s renewable energy transmission expansion plans.

Jyoti Structures said the execution scope includes development of high-voltage transmission infrastructure as part of a cross-border engineering partnership with Hayleys Fentons, a Sri Lanka-based solar EPC and MEP contractor.

Jyoti Structures Chief Operating Officer Amit Dutta, said in the release that the company expects the project to reinforce its transmission infrastructure positioning across India and overseas markets.

Stock Market Snapshot

Jyoti Structures share price traded lower on May 14, 2026, despite the overseas project announcement.

As of 3:30 PM IST on May 14, 2026, the stock was trading at ₹12.62 on the National Stock Exchange, down 2.02% from the previous close of ₹12.88, according to exchange data.

The Jyoti Structures share price moved within a day range of ₹12.48 to ₹13.10 during the session. Market participants appeared cautious despite the company reporting a strategic addition to its international order portfolio.

The company has a market of around ₹1,510 crore based on exchange data.

Company Background

Jyoti Structures Limited is an engineering, procurement and construction company focused on power transmission infrastructure. Incorporated in 1974, the company executes turnkey transmission projects including tower manufacturing, substation development, underground cabling and optical fibre ground wire installations.

The company operates across domestic and international markets with exposure to transmission line engineering and grid infrastructure execution.

Hayleys Fentons Limited, incorporated in Sri Lanka in 1919, operates in solar EPC, electrical engineering and mobility infrastructure segments.

Conclusion

The Sri Lanka transmission project marks another overseas infrastructure assignment for Jyoti Structures as the company expands its transmission execution portfolio beyond India.

The contract also reflects increasing investment in renewable energy-linked evacuation infrastructure across South Asian markets. However, the stock closed lower on the day of the announcement despite the strategic nature of the order win.

Source:

• https://www.nseindia.com/get-quote/equity/JYOTISTRUC/Jyoti-Structures-Limited
• https://nsearchives.nseindia.com/corporate/JYOTISTRUC_14052026172530_JSL_Press_Release.pdf