
Business Update21 Mar 2026, 06:20 pm
Tulsyan NEC Ltd. Adds Clause to Power Purchase Agreement with Manikaran Power Limited
AI Summary
Tulsyan NEC Ltd. has added a clause to the Power Purchase Agreement (PPA) with Manikaran Power Limited. The clause states that the award of the power supply contract to Manikaran Power Limited is based on the technical capacity of the Company as the Generator, with appropriate connectivity to the State Electricity Grid. The sources of supply cannot be altered during the tenure of the PPA without the prior consent of the Company. This information was disclosed in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and will also be made available on the Company's website.
Key Highlights
- Tulsyan NEC Ltd. adds a clause to the Power Purchase Agreement with Manikaran Power Limited
- The award of the power supply contract to Manikaran Power Limited is based on the technical capacity of Tulsyan NEC Ltd.
- The sources of supply cannot be altered during the tenure of the PPA without the prior consent of Tulsyan NEC Ltd.
- Disclosure made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Information will be made available on the Company's website
Price Impact
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