Core Announcement – Order Details
Awarding Entity: Tripura State Electricity Corporation Limited (TSECL)
Domestic/International Order: Domestic Entity
Nature of Order/Contract:
Design, Engineering, Manufacture, Assembly, Inspection, Testing at Manufacturer's Works before Dispatch, Packing, Supply, Delivery at Site, Including Insurance during Transit, Subsequent Storage at delivery location(s), Erection, Testing and Commissioning of Under Ground Power Cable Network (HT & LT), Smart Grid Applications including Supervisory Control and Data Acquisition (SCADA), Advanced Distribution Management System (ADMS), Outage Management System (OMS), GIS Mapping & integration, Under Ground OFC Communication System by laying of Optical Fiber Cable (OFC), Integration with third party IT application softwares & hardwares (such as Billing, ERP, & CIS) along with Underground Power Cable and establishment of Smart Grid Control Centre (Main & Backup) with Distribution Network Automation (DNA) including facility management and O&M of system in Agartala Municipality Area, Tripura (Package-A) of Agartala Smart Grid.
Order Value:
Total Contract Value: INR 763,10,28,794/- (Including GST @ 18%)
(Rupees Seven Hundred Sixty Three Crores Ten Lakh Twenty Eight Thousand Seven Hundred and Ninety Four only)
Joint Venture Breakdown:
- Badri Rai & Company (Lead Partner/JV Partner-1 with 74% Share): INR 564,69,61,307.60 (Rupees Five Hundred Sixty Four Crores Sixty Nine Lakh Sixty One Thousand Three Hundred Seven and Six Zero paisa only)
- Ircon International Limited (JV Partner-2 with 26% Share): INR 198,40,67,486.40 (Rupees One Hundred Ninety Eight Crores Forty Lakh Sixty Seven Thousand Four Hundred Eighty Six and Four Zero paisa only)
Materiality Context: Not Specified
Execution Timeline: 24 Months
Revenue Recognition / Billing Structure: Not Specified
Key Terms & Payment Milestones: Not Specified
Whether Related Party Transaction: No
Promoter Group Involvement: No
Financial Implication: Not Specified