Intimation of Receipt of Work Order.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ahasolar Technologies has received a work order worth approximately ₹1.18 Crores from CIL Rajasthan Akshay Urja Limited, a domestic (government-related) entity. The order is for providing Owner's Engineering and Project Management Consultancy (OEPMC) services for an 875 MW Solar Photovoltaic Power Project within RVUNL's 2000 MW Solar Park at Pugal, Bikaner, Rajasthan. The consultancy services are to be executed over a period of 18 months. The promoter group has no interest in the awarding entity, and this is not a related-party transaction.
This is a modest, order in the company's core solar consultancy business from a government-backed entity, adding to the order book. For a small-cap company like Ahasolar, such government orders lend credibility and revenue visibility, though the absolute value is not large enough to materially shift the stock on its own.