Core Announcement – Order Details
Awarding Entity: M/S Bharat Petroleum Corporation Limited (BPCL)
Domestic/International Order: Domestic entity
Nature of Order/Contract: Construction of a 66 KV Switchyard for the Capacity Augmentation Project of the Vadinar-Bina Crude Pipeline
Order Value: ₹48 crores (Forty Eight Crores Indian Rupees)
Materiality Context: Described as enhancing the Company's track record, strengthening credentials for future government and PSU tenders, and providing greater visibility in power transmission sectors. Award from a leading Public Sector Undertaking (PSU) in the energy sector marks a significant milestone.
Execution Timeline: 9 months
Revenue Recognition / Billing Structure: Not Specified
Key Terms & Payment Milestones: Not Specified
Whether Related Party Transaction: No. Confirmed that none of the promoters/promoter group have any interest in the entity that awarded the order.
Promoter Group Involvement: No involvement disclosed
Financial Implication: Not Specified