Core Announcement – Order Details

Awarding Entity: Maharashtra State Electricity Distribution Company Limited

Domestic/International Order: Domestic (State of Maharashtra)

Nature of Order/Contract:

Design, Manufacture, Supply, Transport, Installation, Testing and Commissioning of Off-Grid Solar Photovoltaic Water Pumping Systems (SPWPS) under Magel Tyala Saur Krushi Pump Yojana scheme.

Order Value:

Total value: Rs. 112.18 Crores (inclusive of GST)

Base value: Rs. 103.01 Crores (excluding GST)

Quantity: 4,755 pumps of 3 HP, 5 HP, and 7.5 HP capacities

Materiality Context:

Not Specified

Execution Timeline:

Within 60 days from the date of issuance of Work Order/Notice to Proceed (NTP)

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