Deals21 Oct 2026, 02:23 pm
Jhaveri Credits & Capital Ltd Receives LOI from GEDA for Solar Project
AI Summary
Jhaveri Credits & Capital Ltd has received a Letter of Intent (LOI) from Gujarat Energy Development Agency (GEDA) for the 'Supply, Installation, Commissioning, and 10 years Comprehensive Maintenance Contract (CMC) of Solar Rooftop Systems' for government buildings in Gujarat during 2026-27. The contract is for capacities ranging from 01 to 06 kW. The order value is ₹5,79,15,071 (Five Crore Seventy Nine Lakh Fifteen Thousand and Seventy-One only). The execution period is 90 days, and the contract is a one-time award. A security deposit is required as per tender terms and conditions.
Key Highlights
- Received Letter of Intent from Gujarat Energy Development Agency (GEDA).
- Contract for supply, installation, and maintenance of solar rooftop systems.
- Order value stands at ₹5,79,15,071 (approx. ₹5.79 Crore).
- Project execution timeline is 90 days.
- Contract is for government buildings in Gujarat for the year 2026-27.
Price Impact
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