Deals10 Oct 2024, 05:36 pm
TCM LTD. Receives Work Order of Rs. 1.26 Crore from Mahindra Holidays and Resorts
AI Summary
TCM LTD. has announced the receipt of a work order from Mahindra Holidays and Resorts India Limited for the Design, Supply, Installation and Commissioning of a 300 KWp Grid connected SPV Power Plant at Club Mahindra Resort, Cherai Beach. The project is worth Rs. 1.26 Crore and is to be completed within 60 days. The agreement includes a 10-year warranty on solar panels, a 7-year warranty on solar on-grid inverters, and a 1-year warranty on the online monitoring system. Payment terms include 20% on complete material delivery and 75% on completion of the project with net metering live certification from the Electricity Board. The remaining 5% will be retained for two years.
Key Highlights
- TCM LTD. receives work order from Mahindra Holidays and Resorts India Limited worth Rs. 1.26 Crore.
- The project involves the Design, Supply, Installation and Commissioning of a 300 KWp Grid connected SPV Power Plant.
- The project is to be completed within 60 days from the date of the work order.
- The agreement includes a 10-year warranty on solar panels and a 7-year warranty on solar on-grid inverters.
- Payment terms include 20% on complete material delivery and 75% on completion of the project with net metering live certification from the Electricity Board.