Business Update14 May 2026, 05:51 pm
Evans Electric Bags ₹5.83 Cr Order from Tamil Nadu Green Energy
AI Summary
Evans Electric Ltd has received a material order worth ₹5,83,20,832 from Tamil Nadu Green Energy Corporation Limited. The order involves refurbishing stator core, re-insulating stator and rotor coils, supplying new stator bars, and performing allied mechanical works for a 100 MW generator at Kadamparai Power House. The project is expected to be completed within 10 months and comes with a 36-month guarantee. The company has confirmed that this transaction does not involve any related parties.
Key Highlights
- Evans Electric secures ₹5.83 Cr order from Tamil Nadu Green Energy Corporation.
- The order includes refurbishing and re-insulating generator components.
- Project execution timeline is set for 10 months.
- The contract comes with a 36-month guarantee.
- No related party interest in the awarded order.