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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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H.M. Electro Mech Limited has received a work order valued at Rs. 15.75 crore from Twinsag Enterprise LLP. The contract covers design, engineering, procurement, supply, erection, testing, and commissioning of 15 MW (AC) Solar PV projects on a turnkey basis, along with an initial three-year operations and maintenance period. The order is domestic, one-time in nature, and to be executed over three years. The company clarified that the order does not involve any related party transactions, and promoters have no interest in the awarding entity.
This new order strengthens the company's order book in the solar EPC segment and signals continued business momentum. For shareholders, it represents a meaningful revenue addition, though the three-year execution period means the financial impact will be spread out gradually.