Core Announcement – Order Details
Awarding Entity: Paschim Gujarat Vij Company Limited (PGVCL)
Domestic/International Order: Domestic
Nature of Order/Contract:
Turnkey contract for the Conversion of Existing 11 kV HT Line and LT Line Network Including Consumer Service Lines Into Under Ground Cable Network with Ring Main System.
Order Value:
Rs. 71,38,64,233.00 (Rupees Seventy One Crore Thirty Eight Lakhs Sixty Four Thousand Two Hundred Thirty Three Only), inclusive of taxes.
Materiality Context:
Not Specified.
Execution Timeline:
18 (Eighteen) Months from the Date of LOA (Letter of Award).
Revenue Recognition / Billing Structure:
Not Specified.
Key Terms & Payment Milestones:
Not Specified.
Whether Related Party Transaction:
No.
Promoter Group Involvement:
No. The disclosure explicitly states the Promoter/Promoter Group/Group Companies have no interest in the entity that awarded the order.
Financial Implication:
Not Specified.