Deals15 Sept 2025, 05:07 pm
Sanghvi Movers' Subsidiary Secures Rs. 292 Crores Work Orders from Prominent IPPs
AI Summary
Sanghvi Movers Ltd. has announced that its material subsidiary, Sangreen Future Renewables Private Limited, has been awarded large work orders worth Rs. 292 Crores from renowned Independent Power Producers (IPPs). The orders include the construction of wind balance of plant (BOP), internal roads, crane platforms, installation of wind turbine generators (WTGs), mechanical completion, internal 33Kv line works, and DP yards for respective WTGs. The work is expected to commence from Q2 of FY 2025-26 and be completed by Q1 of FY 2026-27.
Key Highlights
- Sanghvi Movers' subsidiary, Sangreen Future Renewables Private Limited, has been awarded work orders worth Rs. 292 Crores.
- The orders are from prominent Independent Power Producers (IPPs).
- The work includes the construction of wind BOP, internal roads, crane platforms, installation of WTGs, and more.
- The work is expected to commence from Q2 of FY 2025-26 and be completed by Q1 of FY 2026-27.
- This announcement is made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.