Core Announcement – Order Details

Awarding Entity: Maharashtra State Electricity Distribution Company Limited (MSEDCL)

Domestic/International Order: Domestic

Nature of Order/Contract:

Development of Distribution Infrastructure & System Strengthening work. The scope includes survey, design, engineering, supply, installation, testing and commissioning of distribution infrastructure and associated civil and electrical works at Bhandup Region, Maharashtra.

Order Value:

₹615.76 Crores (Six Hundred Fifteen Crores and Seventy-Six Lakhs Only) including taxes.

Materiality Context:

Not Specified.

Execution Timeline:

24 months from the date of the Letter of Award (LOA).

Revenue Recognition / Billing Structure:

Not Specified.

Key Terms & Payment Milestones:

Not Specified.

Whether Related Party Transaction:

No.

Promoter Group Involvement:

No. The promoter/promoter group/group companies have no interest in the entity that awarded the order.

Financial Implication:

Not Specified.