Takyon Networks Ltd has received a purchase order from the Indian Institute of Technology, Kanpur (IIT Kanpur) valued at ₹1,33,06,748.84 (Rupees One Crore Thirty-three Lakhs Six Thousand Seven Hundred & Eighty-Four Paise only).

Order Details

  • Client: Indian Institute of Technology, Kanpur
  • Nature of Work: Supply and Installation of Modern Smart Racks
  • Order Value: ₹1,33,06,748.84
  • Execution Timeline: 60 days from order receipt
  • Geographic Scope: Domestic order

Purchase Order Specifications

  • PO Number: P/DDIA/10E/2026-2027/17/225
  • PO Date: October 19, 2026
  • GEM PO Number: Not specified
  • Quotation Reference: Quotation No. 2026-IITK-913426-1 dated October 17, 2026

Item Breakdown

1. Racks with RDHX and IPDUS (Minimum 30KW): 4 numbers at ₹22,17,892.00 each, totaling ₹88,71,568.00

2. Racks with RDHX and IPDUS (Minimum 50KW): 1 number at ₹23,75,270.00

Additional Charges

  • Goods & Services Tax: 18% amounting to ₹20,24,430.84
  • Freight Charges: ₹23,400.00 (on actual basis)
  • Packing and Forwarding: ₹12,080.00 (on actual basis)
  • Warranty: 36 months

Payment Terms

100% payment against delivery but after installation and satisfactory approval of the material.

Penalty Clause

Late delivery penalty of 0.5% per week or part thereof, subject to a maximum of 10% of the delivery price. IIT Kanpur reserves the right to cancel the purchase order without prior notice if items are not supplied within stipulated delivery time.

Security Requirements

Supplier must submit Performance Security in the form of Bank Guarantee, Demand Draft, or Banker's Cheque for 3% of Purchase Order value within 21 days of receipt of order in favor of The Registrar, IIT Kanpur.

Additional Conditions

  • Rates are exclusive of Goods & Services Tax
  • Prices are free delivery to the Institute
  • All consignments must be securely packed, booked duly insured, freight paid
  • Disputes subject to jurisdiction of Kanpur City Courts
  • Tax deduction at source (TDS) may apply as per applicable laws

Related Party Confirmation

The company confirmed that:

  • Promoter/promoter group/group companies have NO interest in the entity awarding the order
  • The order does NOT fall within related party transactions