Core Announcement – Order Details
Awarding Entity: Telangana Renewable Energy Development Corporation Limited (TREDCL/TGREDCO)
Domestic/International Order: Domestic entity
Nature of Order/Contract: Design, Supply, Installation and Commissioning of 2kW, 5kW, 10 kW on grid solar roof top PV power plant for an aggregate capacity of 46,705 kW (46.7 MW) for 9,937 government schools with MONOPERC/TOPCON solar modules with normal structure with RMS in 33 districts with 5 years' comprehensive maintenance in state of Telangana.
Order Value:
- ₹297.50 Crore approximately (including GST) as per regulatory filing
- ₹273.19 crore (excluding GST) as per press release
Materiality Context: This marks the company's first major order from Telangana and represents expansion into new markets.
Execution Timeline: Installation to be completed within 180 days from the date of receiving 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