Core Announcement – Order Details
Awarding Entity: M/s. Gujarat Energy Transmission Corporation Limited (GETCO)
Domestic/International Order: Domestic
Nature of Order/Contract: Turnkey contract for Laying, Erection, Testing and Commissioning of 66kV 1C, 300sqmm & 1C, 630sqmm XLPE Cable for Poly AL and Al.corrugated cable for various lines for Package-2 for Rajkot Zone.
Order Value: Rs. 9,74,02,648.00 (Rupees Nine Crore Seventy Four Lakhs Two Thousand Six Hundred Forty Eight Only), inclusive of taxes
Materiality Context: The order is from an existing client. The disclosure states it will "strengthen our relationship with GETCO, expand our project portfolio, and contribute positively to the Company's growth and profitability."
Execution Timeline: 24 (Twenty Four) 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 "Whether the Promoter/Promoter Group/Group Companies have any interest in the entity that awarded the Order/Contract?" - NO
Financial Implication: The disclosure states that with this order, the Company's overall unexecuted order value stands at over Rs. 1,700.00 Crore, providing "strong revenue visibility and a healthy execution pipeline for the coming periods."