Crompton Greaves Consumer Electricals Limited has filed a disclosure pursuant to Regulation 30 read with Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This filing is a follow-up to a previous intimation (ref no 53/2025-26) filed on July 2, 2026, regarding receipt of a Letter of Empanelment and Rate Contract.
The company has received an additional allocation under the aforesaid contract from Maharashtra State Electricity Distribution Company Limited (MSEDCL). The order is for the design, manufacture, supply, transport, installation, testing & commissioning of Off-grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) under the MTSKPY/PM-KUSUM-B scheme at various locations across the State of Maharashtra.
Key Contract Details:
- Total Order Value: ₹64.99 Crores approximately (Rupees Sixty Four Crores and Ninety Nine Lakhs approximately), excluding GST
- Nature of Work: Design, manufacture, supply, transport, installation, testing & commissioning of Off-grid DC Solar Photovoltaic Water Pumping Systems, including complete system warranty, repair & maintenance, and remote monitoring system (RMS) for 5 years
- Quantity: 3000 number of Solar Photovoltaic Water Pumping Systems
- Awarding Entity: Maharashtra State Electricity Distribution Company Limited (MSEDCL) - Domestic Entity
- Geographic Scope: Various locations across the State of Maharashtra
- Execution Timeline: Within 60 days from the date of issue of Notice to Proceed (NTP)/work order
- Related Party Status: The promoter/promoter group/group companies have no interest in MSEDCL. This is not a related party transaction and is conducted at arm's length.
The disclosure references SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, and includes the required details in Annexure-A as per regulatory requirements.