Business Update24 Apr 2026, 01:07 pm
Krystal Associate Bags ₹138 Cr Solar Project from DMER Maharashtra
AI Summary
Advait Krystal Solar Energy SPV Private Limited, an associate company of Krystal Integrated Services Ltd, has secured a ₹138 crore contract from the Directorate of Medical Education & Research, Maharashtra (DMER). The project involves the design, engineering, supply, installation, testing, commissioning, synchronizing, operation, and maintenance of power grid-connected rooftop solar PV systems on a Built-Own-Operate-Transfer (BOOT) model for 25 years at government hospitals and medical colleges in Maharashtra. Krystal Integrated Services holds a 49% stake in the associate company.
Key Highlights
- Krystal Integrated's associate wins ₹138 Cr solar project from DMER, Maharashtra.
- The project is for rooftop solar PV systems on a BOOT model for 25 years.
- Advait Krystal Solar Energy SPV Private Limited is the associate company.
- Krystal Integrated Services holds a 49% stake in the associate company.