Core Announcement – Order Details

Awarding Entity: Maharashtra State Electricity Distribution Company Limited (MSEDCL)

Domestic/International Order: Domestic

Nature of Order/Contract:

Letter of Empanelment for 10,000 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) pumps of 3 HP, 5 HP, 7.5 HP capacity. Scope includes Design, Manufacture, Supply, Transport, Installation, Testing and Commissioning for the entire state of Maharashtra under Magel Tyala Saur Krushi Pump Yojana.

Order Value:

Total value: ₹235.92 Crores (inclusive of GST)

Materiality Context:

Not Specified

Execution Timeline:

Within 60 days from the date of issuance of Work Order/Notice to Proceed (NTP)

Revenue Recognition / Billing Structure:

Not Specified

Key Terms & Payment Milestones:

Not Specified

Whether Related Party Transaction:

No

Promoter Group Involvement:

No. The promoter/promoter group/group companies have no interest in the entity that awarded the order.

Financial Implication:

Not Specified