PIGL NSE filing

PIGL Secures ₹6.06 Crore Order for KUSUM-C Solar Project

The RealCase readMedium impact Positive

PIGL received a work order worth ₹6.06 Crore from Mahesh Solar Solution Private Limited. The order is for supplying 11kV ICOG Panel and Inverter LT Panel for the KUSUM-C Solar PV Project in Maharashtra. Execution is expected within 5-6 weeks.

Why it matters

The order value of ₹6.06 Crore is significant for the company's size and is expected to contribute positively to its revenue.

The market read

The company has secured a new order, which is a positive development for its business.

Power & Instrumentation (Gujarat) Limited (PIGL) has announced the receipt of a significant work order valued at ₹6,05,76,260/- (Rupees Six Crore Five Lakhs Seventy-Six Thousand Two Hundred Sixty Only), excluding GST.

This order has been awarded by M/s Mahesh Solar Solution Private Limited for the supply of 11kV ICOG Panel and Inverter LT Panel. These components are intended for the KUSUM-C Solar PV Project, which will be implemented across 11 sites in the state of Maharashtra.

The execution of this order is expected to be completed within 5-6 weeks from the date of drawing approval. The company has confirmed that neither the promoter nor any group companies have any interest in Mahesh Solar Solution Private Limited.

Filing to action

What to do with a filing like this

Power & Instrumentation (Gujarat) Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Power & Instrumentation (Gujarat) Limited. Read the original for the full detail.

View original filing