Core Announcement – Order Details
Awarding Entity: Power Grid Corporation of India Limited
Domestic/International Order: Domestic
Nature of Order/Contract:
The contract comprises two distinct components:
1. Supply of Goods Contract: For supply of High Temperature Low Sag (HTLS) conductors and associated materials
2. Supply of Services Contract: For reconductoring, installation, commissioning and allied services
The scope covers two transmission line reconductoring packages under North Eastern Region Expansion Scheme-X:XIV (NERES-XXIV):
- Reconductoring of Khandong (NEEPCO) - Halflong (POWERGRID) 132kV S/c Transmission Line (63.036 KM)
- Reconductoring of Halflong (POWERGRID) - Jiribam (POWERGRID) 132kV S/c Transmission Line (100.63 KM)
Order Value:
- Total Contract Value: ₹72.77 crores
- Supply of Goods Contract: ₹58.92 crores
- Supply of Services Contract: ₹13.85 crores
Materiality Context:
The disclosure describes this as a "significant milestone" representing the company's first commercial order for the supply of HTLS conductors.
Execution Timeline:
Within 12 months from the notification of the Award.
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