Intimation of receipt of Work Order received.
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 from Uttarakhand Power Corporation Limited (UPCL), a state-owned power utility, for consultancy services. The scope involves preparing a feasibility study and Detailed Project Report (DPR) for a 100 MW Standalone Battery Energy Storage System (BESS) to be set up at various locations and substations of UPCL. The total contract value is approximately ₹19.90 lakhs, and the work is to be completed within 4 months. This is a domestic contract, and there is no related-party interest involved.
While the order value of ~₹20 lakhs is small in absolute terms, it is a positive signal as it represents business from a government-owned utility in the growing BESS segment, which could lead to larger follow-on orders. Short-term impact on the stock is likely negligible due to the small size of the contract.