Core Announcement – Order Details
Awarding Entity: Telangana Power Generation Corporation Limited (CIN: U35102TG2014SGC094070)
Domestic/International Order: Domestic
Nature of Order/Contract: Comprehensive Operation & Maintenance (Mechanical, Electrical, C&I) and upkeep work package for Ash handling Plant of Stage-I (Unit No.1 & 2) & Stage-II (Unit No.3, 4 & 5) and complete Coal handling plant of Yadadri Thermal Power Station (YTPS) (5X800 MW)
Order Value: ₹279.20 Crores (including all provisions and excluding GST with Price Variation Clause applicable for 2nd and 3rd year)
Materiality Context: Not Specified
Execution Timeline: For a period of 3 years from the date of issuance of LOI/Order Confirmation
Revenue Recognition / Billing Structure: Not Specified
Key Terms & Payment Milestones: Price Variation Clause (PVC) applicable for 2nd and 3rd year. Other terms not specified.
Whether Related Party Transaction: No
Promoter Group Involvement: No promoter/promoter group/group companies have any interest in the entity that awarded the order
Financial Implication: Not Specified