Core Announcement – Order Details
Awarding Entity: Gujarat Urja Vikas Nigam Limited (GUVNL)
Domestic/International Order: Domestic
Nature of Order/Contract: Power Purchase Agreement (PPA) for procurement of power for 25 years from a 100 MW Wind Power Project to be set up in the state of Gujarat.
Order Value: Not Specified in monetary terms. The agreement is for the supply of power from a 100 MW Wind Power Project at a tariff of Rs. 3.435 per kWh.
Materiality Context: Described as a disclosure under the category of "order(s)/contract(s)" and "Significant" as per the SEBI Master Circular reference.
Execution Timeline: 24 months from the date of the agreement for the project to be set up and commissioned.
Revenue Recognition / Billing Structure: The revenue will be generated through the sale of electricity at a fixed tariff of Rs. 3.435 per kWh for a period of 25 years.
Key Terms & Payment Milestones: Not Specified beyond the fixed tariff and contract duration.
Whether Related Party Transaction: No.
Promoter Group Involvement: No. The promoter/promoter group/group companies have no interest in Gujarat Urja Vikas Nigam Limited (GUVNL).
Financial Implication: Not Specified. The disclosure does not provide details on contribution to order book, impact on backlog, capacity utilization, capex, or working capital.