DMR Engineering Limited has submitted a revised regulatory disclosure to correct an inadvertent error in their previous communication dated August 14, 2026. The company, acting as the technical and lead member of a consortium with SNRS & Associates (Financial Member) and Salasar Services (Insurance Brokers) Private Limited, has received a letter of award for appointment as Project Management Agency (PMA) for the 1500MW Tarali Pumped Storage Project in Maharashtra.
Contract Details
- Awarding Entity: Power Finance Corporation Limited
- Project: 1500MW Tarali Pumped Storage Project in Maharashtra
- Contract Nature: Engineering Consultancy Services
- Contract Period: 8 years
- Contract Value: ₹1,66,00,000 (Rupees One Crore Sixty-Six Lakh only), inclusive of GST
- Entity Type: Domestic entity
- Geographic Scope: Domestic
Related Party Considerations
The company confirms that:
- Promoter/promoter group/group companies have no interest in Power Finance Corporation Limited
- The contract does not qualify as a related party transaction