Core Announcement – Order Details
Awarding Entity: MAHAVITRAN- Maharashtra State Electricity Distribution Co. Ltd.
Domestic/International Order: Domestic
Nature of Order/Contract: Design, Manufacture, Supply, Transport, Installation, Testing and Commissioning of Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) of 3 HP, 5 HP & 7.5 HP capacity at identified farmer's site in District of Maharashtra, including complete system warranty and its repair and maintenance and Remote Monitoring System (RMS) for 5 Years under "Magel Tyala Saur Krushi Pump" Yojana / PM KUSUM B Scheme.
Order Value: ₹ 14,98,65,900/- (Rupees Fourteen Crore Ninety Eight Lakh Sixty Five Thousand Nine Hundred Rupees)
Materiality Context: The receipt of this LOA further strengthens the Company's order book and is expected to contribute positively to the Company's revenue and growth prospects.
Execution Timeline: 5 Years
Revenue Recognition / Billing Structure: Not Specified
Key Terms & Payment Milestones: Letter of Empanelment, Rate Contract and Allocation of quantity
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: Expected to contribute positively to the Company's revenue and growth prospects. Strengthens the Company's order book.