What Coastal Projects does

Coastal Projects Limited (CPL), incorporated in 1995 and headquartered in Hyderabad, India, is a privately held engineering, procurement, and construction (EPC) contractor specializing in underground excavation and tunneling for complex infrastructure projects. The company operates across multiple infrastructure verticals — hydro power (dams, head race tunnels, tail race tunnels, surge shafts, power houses), metro rail (underground stations and tunnels), irrigation (tunnels, canals, barrages), railway tunnels, border infrastructure, mining (open cast, longwall coal), thermal power civil works, and electrical substations — with technical differentiators rooted in owning one of the larger TBM and drilling-jumbo fleets among Indian mid-tier contractors (6 Tunnel Boring Machines, 40+ Drilling Jumbos, 172 excavators, 728 trucks, 137 compressors, 168 diesel generator sets, 54 concrete pumps, plus specialized tunneling gear).

The company is project-based and B2B, generating revenue exclusively through competitive tenders and joint ventures with government agencies (state electricity boards, NTPC, NHPC, JK SPDCL, Sikkim Hydro Power Ventures, Bangalore Metro Rail Corporation, NF Railway, Eastern Coalfields, Irrigation & CAD departments) and large private/public-sector enterprises (BHEL, NBCC, Hindustan Construction Company). Contract values range from Rs. 96.30 Million to Rs. 7,352.10 Million, typically running multi-year, with current disclosed order position exceeding Rs. 8,500 Crores (~$1.0B) across 20+ ongoing sites. The documented workforce is 6,356 personnel spanning civil/mechanical engineers, supervisors, heavy-equipment operators, drillers, mechanics, electricians, welders, drivers, and quality/quantity-survey staff; regional offices are located in New Delhi and Bengaluru in addition to the Hyderabad headquarters.

CPL's revenue mechanics are concentrated in India with single disclosed international project in Bhutan; go-to-market is bid-driven with no recurring software, SaaS, or licensing component. Capital structure reflects two PE growth rounds in 2008–2009 totaling approximately $83M from BPEA EQT, Eight Roads Ventures India, Peak XV Partners, and Deutsche Bank, and the company has historically formed joint ventures (BMRCL-COASTAL-GYT, SEW-Coastal, Sabir-SEW-Prasad, Patel-SEW, AKR-Coastal, Coastal-Sri Vijetha) to qualify for mega-tenders. The most recent disclosed annual report is fiscal 2017–18, which limits visibility into post-2018 financials and order-book dynamics.

Name

Coastal Projects

Legal name

COASTAL PROJECTS LIMITED

Website

https://coastalprojects.co

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Coastal Projects Limited is a Hyderabad-based Indian EPC contractor, founded 1995, specializing in underground excavation and tunnel construction for hydro power, metro rail, irrigation, railway, mining, and border-infrastructure projects. It serves government agencies and large PSUs via competitive tenders and joint ventures, with a current order book exceeding Rs. 8,500 Crores.

Ownership category

akta.pro rank

Product category

Infrastructure Construction Services

NAICS

Heavy and Civil Engineering Construction (237), Other Heavy and Civil Engineering Construction (237990), Other Heavy and Civil Engineering Construction (2379), Utility System Construction (2371)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), Water, Sewer, Pipeline, Comm & Power Line Construction (1623), Construction - Special Trade Contractors (1700)

akta.pro primary industry

Quay & Waterfront Civil Works (Piers, Quays, Seawalls, Dredging, Revetments) (IMAJALAF)

akta.pro secondary industries

Subsea & Nearshore Civil Works (Trenching, Rock Placement, Mattressing) (IMAFAJAI), Breakwaters, Seawalls & Coastal Defense Structures (IMAFAJAC)

Keywords

• Tunnel construction services
• Underground excavation services
• Hydro power construction
• Metro rail tunneling
• Infrastructure construction

Headquarters

HQ city

Hyderabad

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Infrastructure Construction Services: Revenue generated from civil construction contracts for infrastructure projects including hydro power, metro rail, irrigation tunnels, mining, roads, and thermal power. Projects are awarded through competitive bidding with contract values ranging from Rs. 96.30 Millions to Rs. 7352.10 Millions per project.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Coastal Projects Limited is a civil infrastructure construction company that specializes in underground excavation and tunneling works. It executes end-to-end construction contracts covering planning, design, engineering, and execution for hydro power projects, metro rail tunnels, irrigation tunnels, mining operations, railway tunnels, border fencing, thermal power civil works, and steel and RCC structures. The company operates one of the largest equipment fleets in its segment, including 6 TBMs and 40+ Drilling Jumbos, supported by a 6,356+ workforce to deliver complex projects in challenging geological conditions across India.

Product overview

Coastal Projects Limited (CPL) is a construction company incorporated in 1995 and headquartered in Hyderabad, India, offering specialized infrastructure construction services. The company operates as a single unified service provider rather than a platform product, delivering integrated solutions across multiple construction verticals. Its core offerings include tunnel construction services (spanning metro rail tunnels, hydro power tunnels, irrigation tunnels, and railway tunnels), hydro power project construction (power house complexes, HRT, TRT, surge shafts, de-silting chambers), metro rail infrastructure, irrigation projects (dams, canals, barrages), mining operations, railway infrastructure, border fencing and security infrastructure, thermal power plant construction, and electrical/substation works. The company has emerged as a specialist in underground excavations and executes complex projects in challenging geological conditions across India.

Differentiator

Problem solved

Functional benefit

Products and services

• Tunnel Construction Services Specialized underground tunnel excavation and construction services including civil construction of tunnels for metro rails, hydro power projects, irrigation tunnels, and railway tunnels in challenging geological conditions.
• Hydro Power Project Construction End-to-end civil construction of hydro power facilities including power house complexes, head race tunnels (HRT), tail race tunnels (TRT), surge shafts, surge chambers, de-silting chambers, adits, pressure shafts, and transformer caverns.
• Metro Rail Infrastructure Design and construction of underground metro stations and tunnels for urban rail transit systems, including civil works and structural construction in dense urban environments.
• Irrigation Projects Construction of dams, irrigation canals, barrages, weir structures, and tunnel-based water conveyance systems for agricultural water management.
• Mining Operations Open cast and underground mining services including blast hole drilling, excavation, loading, transportation, dumping, and coal extraction using advanced technologies.
• Railway Infrastructure Construction of railway tunnels and new railway line projects including single and double line tunnels for rail connectivity in difficult terrain.
• Border Fencing and Security Infrastructure Construction of border roads, fencing, and flood lighting works along international borders including Indo-Bangladesh border projects.
• Thermal Power Plant Construction Civil and architectural construction services for thermal power plants including coal handling plants, ash handling plants, and associated infrastructure.
• Electrical and Substation Works Construction of electrical substations, transmission lines, switch yards, and associated power transmission and distribution infrastructure.
• Steel and RCC Structures Fabrication, assembling, and construction of reinforced concrete and steel structures for various infrastructure applications.

Quantifiable outcome

• Present commanding order position of over Rs.8500 Crores

Named customers12 records

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• BMRCL - COASTAL-GYT (JV)coreChannel Partner/ Reseller/ DistributorJoint venture for Bangalore Metro Rail Project-Phase-I involving design and construction of Underground Majestic Station (Interchange Station) with 92014 m3 of Concrete and 17775 MT of Steel.
• AKR - Coastal (JV)coreChannel Partner/ Reseller/ DistributorJoint venture for Canal Excavation of SRSP, Stage II project in Velishala, Nalgonda district.
• Coastal - Sri Vijetha (JV)minorChannel Partner/ Reseller/ DistributorJoint venture for Housing Project at Kondapur, Hyderabad for SHL Ventures.
• SEW Coastal (JV)coreChannel Partner/ Reseller/ DistributorJoint venture for Allain Duhangan Hydro Electric Project involving construction of main access tunnel, powerhouse, pressure shaft, tail race tunnel.
• Sabir, SEW & Prasad (JV)coreChannel Partner/ Reseller/ DistributorJoint venture partnership for Pula Subbaiah Veligonda Project – Tunnel-1 at Srisailam, Andhra Pradesh.
• Patel-SEW (JV)coreChannel Partner/ Reseller/ DistributorJoint venture for Sleemnabad Carrier Canal (Bargi Right Bank Canal) project in Katni, Madhya Pradesh.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Patel Engineering: Indian mid-cap focused on hydro tunnels, irrigation tunnels and underground works; Joint-venture partner of Coastal Projects, with overlapping specialty in tunneling.
• Afcons Infrastructure: Indian tunneling and heavy-civil contractor specializing in underground metro, hydro, and marine works with its own TBM fleet, directly comparable to Coastal Projects' core underground excavation scope.
• Dilip Buildcon: Indian road, tunnel and irrigation EPC contractor with growing underground and metro-tunnel execution; comparable on tunneling capability and government-tender-driven revenue model.
• Hindustan Construction Company (HCC): Long-standing Indian tunneling, hydro, and nuclear-civil contractor with comparable underground-excavation capabilities; JV partner of Coastal Projects, indicating direct overlap on multiple project types.
• NCC Limited: Diversified Indian EPC firm executing tunnels, irrigation, water and power projects; competes with Coastal Projects on underground civil works and hydro packages.
• Simplex Infrastructures: Long-established Indian infrastructure EPC contractor working in hydro, power, and urban infrastructure; comparable size and legacy public-sector project mix.
• SEW Infrastructure (constructor): Indian contractor active in hydro tunnels and underground works that has partnered with Coastal Projects on multiple JVs, making it a directly comparable tunneling peer.

Broad incumbents

• Larsen & Toubro (L&T) Construction: India's largest EPC group; participates across hydro, metro tunnels, irrigation, mining, and power infrastructure, providing a broad incumbent benchmark against Coastal Projects' specialized portfolio.
• GMR Group (Infrastructure): Indian infrastructure conglomerate with interests in airports, highways, and power; a broader incumbent active in large public-sector infra tenders where Coastal Projects competes.
• Tata Projects: Large Indian EPC subsidiary of Tata Group executing metro rail, tunneling, power and industrial projects; broader portfolio but directly overlaps in urban metro and underground civil works.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds2 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coastal Projects