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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Evans Electric Ltd has received a material order worth Rs. 5,83,20,832 (approximately Rs. 5.83 crore) from Tamil Nadu Green Energy Corporation Limited. The order involves refurbishing the stator core and re-insulating stator coils with Class F insulation, re-insulating defective rotor pole coils with Class H insulation, supplying new stator bars, and performing allied mechanical works including re-alignment, dynamic balancing, and commissioning of a 100 MW Generator at the Kadamparai Power House in Tamil Nadu. The project has a 36-month guarantee period and is to be completed within 10 months. The order is classified as a domestic works contract with no related party involvement.
This is a significant new contract worth over Rs. 5.8 crore, representing a notable revenue opportunity for the company. The 10-month execution timeline and 3-year guarantee period provide revenue visibility and demonstrate the company's capabilities in heavy electro-mechanical repairs for power generation assets.