STOCKWATCH
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Civil Construction
Deals20 Aug 2024, 10:29 pm

BGR Energy Systems Loses Contract with Jharkhand Urja Sancharan Nigam Limited

AI Summary

BGR Energy Systems Ltd. has received a termination notice from Jharkhand Urja Sancharan Nigam Limited for the Supply, Installation, Testing and Commissioning of 132/33 kV GIS at Sarath, Sundernagar and Chattarpur (Package 04A). The termination notice was received on 20th August 2024, with the termination effective from 14th August 2024. The company stated that this termination will not have a material impact on its financials, operations, or other activities.

Key Highlights

  • BGR Energy Systems Ltd. has lost a contract with Jharkhand Urja Sancharan Nigam Limited.
  • The contract was for the Supply, Installation, Testing and Commissioning of 132/33 kV GIS at Sarath, Sundernagar and Chattarpur (Package 04A).
  • The termination notice was received on 20th August 2024, with the termination effective from 14th August 2024.
  • The company has stated that this termination will not have a material impact on its financials, operations, or other activities.
BGRENERGY
Civil Construction
BGR ENERGY SYSTEMS LTD.

Price Impact