Core Announcement – Order Details
Awarding Entity: Power Grid Corporation of India Limited (PGCIL)
Domestic/International Order: Domestic
Nature of Order/Contract: EPC (Engineering, Procurement, and Construction) contract for the extension of the 765/400/220 kV Bhadla-III Substation and Ramgarh Pooling Station. The work forms part of the transmission system augmentation at Bhadla-III, Ramgarh PS and Kanpur.
Order Value: Approximately ₹186.41 crore (One Hundred Eighty Six Crore Forty One Lakh rupees), excluding GST.
Materiality Context: The order is described as "significant".
Execution Timeline: 27 months from the date of the formal Letter of Award (LOA) or as per the terms of the LOA. The intimation was received by email, and the formal LOA is awaited.
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