Award7 Oct 2026, 09:56 am
Swastika Infra Secures ₹615.76 Cr MSEDCL Order
AI Summary
Swastika Infra Ltd has announced receiving a Letter of Award (LOA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for Distribution Infrastructure & System Strengthening works in the Bhandup Zone, Maharashtra. The aggregate order value stands at ₹615.76 crore, including taxes. The scope of work involves survey, design, engineering, supply, installation, testing, and commissioning of distribution infrastructure and associated civil and electrical works. The contract is to be executed within 24 months from the date of the LOA. This significant order is expected to bolster the company's order book and contribute to its revenue growth.
Key Highlights
- Received LOA from MSEDCL for infrastructure development.
- Order value is ₹615.76 crore, including taxes.
- Project to be executed over 24 months.
- No promoter interest in the awarding entity.
- Transaction is not a related party transaction.
Price Impact
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