Sahyadri Industries Limited has informed the Exchange regarding ''Extension of Commercial date of Operation"
SAHYADRI · price
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Awaiting price reaction for this filing.
Sahyadri Industries has informed exchanges that the Commercial Operation Date (COD) under its Power Purchase Agreement (PPA) has been extended to 30th November 2025, or any other date mutually agreed by the parties. This follows an amendment to the original PPA dated 8th November 2024, and is a continuation of earlier communications from November 2024 and May 2025. The company has not specified the reasons for the delay in the filing. The project is now expected to begin commercial operations nearly a year after the original PPA was signed.
The pushback of the commercial operation date signals a delay in the company's power project, which could push back expected revenue or cost-saving benefits. Until the project is commissioned, shareholders may see limited operational upside from this initiative, though the new COD still provides a clearer timeline.