Core Announcement – Order Details
Awarding Entity: M/S POWERGRID BIKANER IV TRANSMISSION LIMITED (A 100% wholly owned subsidiary of Power Grid Corporation of India Limited)
Domestic/International Order: Domestic entity
Nature of Order/Contract: Augmentation of transformation capacity at 400/220 kV Bikaner-IV S/S by 2x500 MVA, 400/220kV ICT along with associated bays and implementation of 3 nos. of 220 kV line bays.
Order Value: Rs. 44.87 crores
Materiality Context: Not Specified
Execution Timeline: 15 months
Revenue Recognition / Billing Structure: Not Specified
Key Terms & Payment Milestones: Not Specified
Whether Related Party Transaction: No. The company confirmed that the award of order does not fall within the purview of related party transactions.
Promoter Group Involvement: None. The company confirmed that none of the promoters/promoter group have any interest in the entity from whom the order was received.
Financial Implication: Not Specified