Announced Thu, 20 Aug · 16:36 IST
Sanginita Chemicals bags around Rs 85 crore solar EPC orders from 10 entities
SANGINITA · price
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AI summary
Sanginita Chemicals has received 10 new domestic orders for solar power plant EPC and O&M contracts from various private entities, all located in Uttar Pradesh. Total contract value is about Rs 85.22 crore inclusive of taxes. Project sizes range from 1.9 MW AC to 5.9 MW AC, with commissioning within 150 days of land allotment. Largest order is from Sun Setu Power at Rs 13.83 crore. No related party interest in any of the awarding entities.
Likely market impact
Positive: Rs 85 crore inflow marks a major diversification into solar EPC for a small chemicals player, boosting near-term revenue visibility.