Intimation of Receipt of Work Order.
Price
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Ahasolar Technologies has received a work order from Gujarat Urban Development Company Limited (GUDCL), a Gujarat state government entity, for consultancy services. The work involves preparing pre-feasibility reports, including site survey, technical analysis, and financial analysis, for setting up grid-connected solar photovoltaic projects across 48 locations in Gujarat. The contract is valued at approximately ₹11.76 lakhs and is to be completed within 4 months. This is a domestic order with no related party interest.
While this is a government-backed order that adds to Ahasolar's order book, the contract value of ₹11.76 lakhs is relatively small and is unlikely to materially impact the company's financials or stock price in the short term.