Crompton Greaves Consumer Electricals Limited has been awarded a Letter of Empanelment from Madhya Pradesh Urja Vikas Nigam Limited for the design, manufacture, supply, transport, installation, testing, and commissioning of Off-grid DC & AC Solar Photovoltaic Water Pumping Systems (SPWPS) of 2 HP, 3 HP, 5 HP, & 7.5 HP capacity under Component -B of PM KUSUM B, which is being implemented in Madhya Pradesh as PM Krishak Mitra Surya Yojana.
The order is valued at approximately ₹4.76 Crores (excluding GST) and involves the supply of 232 Off-grid DC & AC Solar Photovoltaic Water Pumping Systems (SPWPS). The completion timeline for the order is 120 days from the issuance of the work order.
The company clarified that this order does not constitute a related party transaction and that the promoter/promoter group/group companies have no vested interest in the entity that awarded the order.
| Particulars | Details |
|---|---|
| Name of the entity awarding the order | Madhya Pradesh Urja Vikas Nigam Limited |
| Significant terms and conditions | Order received for 232 Off-grid DC & AC Solar Photovoltaic Water Pumping System (SPWPS) with total work order value excluding GST being ₹4.76 Crores approximately |
| Type of entity | Domestic Entity |
| Completion Time | Within 120 days from the date of issuance of work order |
| Nature of order | Installation of off grid Solar Photovoltaic Water pumping systems of 2HP, 3 HP, 5 HP, & 7.5 HP capacity under Component -B of PM KUSUM B which is being implemented in Madhya Pradesh as PM Krishak Mitra Surya Yojana |
| Domestic or international | Domestic |
| Order Value | ₹4.76 Crores approximately (exclusive of GST) |
| Related Party Transaction | No |
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