Suratwwala Subsidiary Bags ₹19 Crore EPC Order for 15 MW Solar Plant
Suratwwala Natural Energy Resource Private Limited, a subsidiary of Suratwwala Business Group Limited, secured a ₹19 Crore EPC order from Bondada Engineering Limited for a 15 MW AC solar power plant. The project, part of the MSKVY 2.0 scheme in Maharashtra, has a 12-month completion timeline.
The order value of ₹19 Crores is significant for the company and contributes to its project pipeline, but it is not a transformative amount relative to the company's overall size.
The company has secured a new order, which is generally positive for business growth and revenue.
Suratwwala Business Group Limited announced that its subsidiary, Suratwwala Natural Energy Resource Private Limited, has been awarded a 15 MW AC EPC (Engineering, Procurement, and Construction) basis order by M/s. Bondada Engineering Limited. This order contributes to a cumulative capacity of 45 MWAC.
The EPC contract involves the design, engineering, supply (excluding PV modules), unloading, erection, testing, and commissioning of a 15 MWAC solar power plant. This project is part of the MSKVY 2.0 scheme for the solarization of a grid-interactive distributed agriculture feeder in Maharashtra, India.
The commercial consideration for this order is ₹19 Crores, exclusive of GST. The contract has a completion timeframe of 12 months from the mutually agreed-upon work schedule. A performance guarantee and a bank guarantee, each at 5% of the total contract value, are required.
Neither the promoter nor any promoter group or group companies of Suratwwala Business Group Limited have any interest in Bondada Engineering Limited, and this transaction does not fall under related party transactions. The contract execution date by the subsidiary was April 8, 2026.
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Suratwwala Business Group 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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See the model portfoliosA plain-language summary of a public exchange filing by Suratwwala Business Group Limited. Read the original for the full detail.