StockWatch
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Diversified Commercial Services
Business Update1 Jul 2026, 12:52 pm

Evans Electric Secures ₹1.6 Cr Order from Tata Power

AI Summary

Evans Electric Ltd. has announced receiving a service order worth ₹1,60,50,000 from Tata Power Company Limited. The order is for "Services for Unit-10 Hydro Generator Stator winding repair works at Bhivpuri Generating Station." The execution period for this contract is 1.5 months. This order is from a domestic entity and is classified as a Works Contract. There is no indication of promoter or group company interest in the awarding entity, nor does it fall under related party transactions.

Key Highlights

  • Secured a new service order worth ₹1.605 Crores.
  • Order awarded by Tata Power Company Limited.
  • Scope includes stator winding repair works at Bhivpuri Generating Station.
  • Execution timeline is 1.5 months.
  • Transaction is with a domestic entity.