Empanelment Details
The empanelment is for Supply, Installation & Commissioning of Grid Connected Solar Rooftop PV Power Plants ranging from 1 KWp to 500 KWp capacity at various locations in Andhra Pradesh under the Solar Rooftop Net Metering Policy.
Strategic Significance
The empanelment represents an important opportunity for the Company to:
- Further strengthen and expand its presence in the renewable energy and solar infrastructure segment
- Grow in the rooftop solar market in Andhra Pradesh
- Provide an additional platform to identify and pursue solar project opportunities
- Diversify its project portfolio
- Leverage its existing capabilities in solar infrastructure execution
Important Clarification
The empanelment does not, by itself, constitute an award of any specific project or order. Actual business opportunity will depend upon:
- Project requirements
- Proposals
- Subsequent work orders/contracts
- Other applicable conditions
The Company will continue to evaluate and pursue suitable opportunities arising under the empanelment.