Core Announcement – Order Details

Awarding Entity: Solar Energy Corporation of India Limited (SECI)

Domestic/International Order: Domestic (India)

Nature of Order/Contract: Supply of 700 MW of Firm and Dispatchable Renewable Energy Round-the-Clock (FDRE-RTC) Power from ISTS-connected Renewable Energy Power Projects in India under SECI's Request for Selection (SECI-FDRE-RTC-V).

Order Value: Not Specified (tariff rate disclosed instead of total contract value)

Materiality Context: Not Specified

Execution Timeline: 25 years from the Scheduled Commercial Operation Date (SCOD) of the project

Revenue Recognition / Billing Structure: Fixed tariff rate of ₹5.25 per kWh for the entire 25-year duration

Key Terms & Payment Milestones: Not Specified beyond the fixed tariff structure

Whether Related Party Transaction: No

Promoter Group Involvement: No

Financial Implication: Not Specified