In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are please to inform that our company has received work orders from NTPC Vidyut ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Solarium Green Energy has bagged three work orders from NTPC Vidyut Vyapar Nigam Limited (NVVN) worth a combined ₹8.22 crore (excluding GST) for rooftop solar projects at three DRDO locations: a 1,000 kW project at DRDO Chennai (~₹3.48 crore), an 860 kW project at DRDO Visakhapatnam (~₹2.99 crore), and a 505 kW project at DRDO Chandipur (~₹1.76 crore). Each order covers supply, installation, civil works, and a 10-year comprehensive operation and maintenance (O&M) contract, with project completion targeted within 120 days from the Notice of Award. The orders were won under NVVN's rate contract tender for grid-connected rooftop solar EPC projects (201–1,000 kW) across India. The company stated these orders will significantly broaden its customer base and boost profitability. There is no promoter or related-party interest in the awarding entity.
Positive for the company — it has secured government/defence-linked orders that diversify its order book and bring in long-tenor O&M revenue, though the absolute size (₹8.22 crore) is modest. The stock may see a short-term positive reaction on the back of the DRDO association and execution visibility.