Core Announcement – Order Details
Awarding Entity: M/s. Shree Tatyasaheb Kore Warana SSK Ltd.
Domestic/International Order: Domestic Entity
Nature of Order/Contract: EPC Contract for DESIGN, SUPPLY, CONSTRUCTION, INSTALLATION, TESTING, COMMISSIONING AND OPERATION & MAINTENANCE OF 20MWAC/28.1 MWDC SOLAR POWER PLANT located in Kolhapur, Sangli District, Maharashtra.
Order Value: ₹69 Crores Only (Rupees Sixty-Nine Crores Only) excluding GST
Materiality Context: Not Specified
Execution Timeline: Work shall be completed within agreed timeframes of 4 months. A detailed work schedule specifying commencement and completion dates for each major activity shall be prepared and mutually agreed upon.
Revenue Recognition / Billing Structure: Not Specified
Key Terms & Payment Milestones:
- Comprehensive Operation & Maintenance cost of ₹50,00,000/- (Rupees Fifty Lakh Only) per year
- Minimum Guaranteed Generation of 42.0048 MUs per year
Whether Related Party Transaction: No
Promoter Group Involvement: No promoter/promoter group/group companies have any interest in the entity that awarded the Letter of Intent
Financial Implication: Not Specified