Order Details
The company has been awarded an Ultra-Mega EPC order for Transmission Line works. The specific project is Transmission Line Package TL02 Raigarh (Tamnar) - Jamshedpur (new) 765KV D/C line Part-II, associated with WR-ER Inter-Regional Network Expansion Scheme-Part A under TBCB (Tariff Based Competitive Bidding) route.
Contract Classification
Ultra-Mega Order as per company's project classification policy (inclusive of GST). According to the company's classification table:
- Ultra-Mega Orders: ₹400 crore and above
- Mega Orders: ₹300 crore to ₹400 crore
- Major Orders: ₹200 crore to ₹300 crore
- Large Orders: ₹100 crore to ₹200 crore
- Significant Orders: ₹50 crore to ₹100 crore
Commercial Considerations
The order is classified in the Ultra-Mega category, indicating a contract value of ₹400 crore and above. The specific value is not quantified beyond this classification range.
Counterparty Details
The order was awarded by M/s WR ER Part A Power Transmission Limited, a domestic entity.
Execution Timeline
The contract has a time period of 33 months from the date of issuance of Notification of Award.
Business Context
The order is in the ordinary course of business and represents an EPC contract for transmission line works.
Related Party Considerations
None of the promoter/promoter group/group companies have any interest in the entity that awarded the order. The order/contract would not fall within the purview of related party transactions and is not considered a related party transaction.
Geographic Scope
The project is domestic in nature, located within India.