
Business Update20 Jul 2026, 10:15 am
Lords Mark Industries Secures Solar Lighting Project in Chhattisgarh
AI Summary
Lords Mark Industries Ltd. has been awarded a significant contract by the Chhattisgarh State Renewable Energy Development Agency (CREDA) for the supply, installation, and commissioning of Solar Home Lighting Systems across the entire state. The order includes a 5-year Comprehensive Maintenance Contract (CMC) and onsite warranty. The company emerged as the lowest bidder (L1) with an approved unit rate of INR 47,625/- (excluding GST). This contract marks a strategic expansion for the company's Lighting and Renewable Energy Division, highlighting its competitive capabilities in the clean energy sector. Formal contract agreements are being finalized.
Key Highlights
- Secured a state-wide solar lighting project in Chhattisgarh.
- Includes supply, installation, commissioning, and 5-year maintenance.
- Unit rate set at ₹47,625 (excluding GST) per system.
- Expands market footprint in renewable energy and lighting.
- Demonstrates competitive cost efficiencies and engineering capabilities.
Price Impact
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