StockWatch
·
Heavy Electrical Equipment
Business Update5 Jul 2026, 10:30 am

Jyoti Ltd Secures ₹9.52 Cr Orders for Pumps & Motors

AI Summary

Jyoti Ltd has announced the receipt of purchase orders totaling ₹952 Lakhs (excluding GST) for the design, manufacture, and supply of 6 VT Pumps and 6 HT Motors, along with mandatory spares. The orders have been awarded by Megha Engineering & Infrastructures Ltd. for the Mukthyala LIS project in Andhra Pradesh. The payment terms are 100% against a 60-day Letter of Credit, with a 10% Performance Bank Guarantee to be submitted. The execution period is within 24 weeks from the receipt of approved drawings and manufacturing clearance. This significant order underscores the company's capabilities in supplying critical infrastructure components.

Key Highlights

  • Jyoti Ltd secured orders worth ₹9.52 Crores (excl. GST).
  • Orders are for VT Pumps and HT Motors for a project in Andhra Pradesh.
  • Megha Engineering & Infrastructures Ltd. is the awarding entity.
  • Execution timeline is within 24 weeks of drawing approval.
  • Payment terms include 100% against 60-day LC with PBG.