Key Transaction Details
- Date of LOA: June 22, 2026
- Project Type: 50 MW AC/65 MW DC Solar PV Power Project
- Location: State of Maharashtra
- Role: Sub-contractor
- Client Project: Awarded under a project of Maharashtra State Power Generation Company Limited (MAHAGENCO)
- Scope: End-to-End Engineering, Procurement and Construction (EPC) works on a turnkey basis, including Three (3) Years (Thirty-Six (36) Months) of Operation and Maintenance (O&M) services
- Total Order Value: Approximately ₹186.525 Crore (Rupees One Hundred Eighty-Six Crore Fifty-Two Lakh and Fifty Thousand only), exclusive of GST
Project Timeline
- EPC execution schedule to be specified in the definitive EPC Agreement
- O&M period: Three (3) Years (Thirty-Six (36) Months)
Commercial Considerations
- Order Size: ₹186.525 Crore (exclusive of GST)
- Entity Type: Domestic award
- Related Party Status: No interest by promoter/promoter group/group companies in the awarding entity
- Related Party Transaction: Does not fall within related party transactions
Confidentiality Note
The company received the Letter of Award as a sub-contractor in relation to a MAHAGENCO project. The name of the specific awarding entity is not disclosed due to confidentiality obligations and mutual understanding with the client.
Expected Impact
The order is expected to strengthen the Company's presence in the renewable energy sector and contribute to the Company's revenues over the project execution period.