Core Announcement – Order Details
Awarding Entity: Maharashtra State Electricity Distribution Company Limited (MSEDCL)
Domestic/International Order: Domestic entity
Nature of Order/Contract: Design, Manufacture, Supply, Transport, Installation, Testing and Commissioning of Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) of 3HP, 5 HP & 7.5 HP capacity at identified farmer's site in District of Maharashtra. Includes complete system warranty and its repair and maintenance and Remote Monitoring System (RMS) for 5 years under PM Kusum B Scheme "Magel Tyala Saur Krushi Pump" Yojana.
Order Value: ₹235.92 Crore approximately (including GST)
Materiality Context: Described as a "repeat order" that reinforces the Company's association with MSEDCL and reflects continued execution momentum in Maharashtra. Part of the PM-KUSUM B Scheme.
Execution Timeline: Installation to be completed within 60 days from the date of issuance of Notice to Proceed (NTP)/Work Order.
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