Chiraharit Limited Secures Purchase Order Worth Rs.1,49,04,050 from Solarworld Energy Solutions for Module Cleaning System

1 min read     Updated on 12 May 2026, 09:12 PM
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AI Summary

Chiraharit Limited has secured a purchase order from Solarworld Energy Solutions Limited for the supply and service of a Module Cleaning System, valued at Rs.1,49,04,050. The domestic order, with the supply location in Gujarat, covers HDPE pipes, fittings, and pumps, along with installation and commissioning. Execution timelines range from 3 weeks for pipe supply to 8 weeks for full commissioning. The order is not a related party transaction, and no promoter interest exists in the awarding entity.

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Chiraharit Limited , headquartered in Hyderabad, has announced the receipt of a purchase order from Solarworld Energy Solutions Limited for the supply and service of a Module Cleaning System. The development was disclosed to BSE Limited on 12th May 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the relevant SEBI Circular dated January 30, 2026. The order is valued at Rs.1,49,04,050 (Rupees One Crore Forty-Nine Lakh Four Thousand and Fifty only).

Order Details at a Glance

The purchase order pertains to the supply and service of a Module Cleaning System, with the location of supply identified as Gujarat. The scope of work includes the supply of pipes and fittings as per the Bill of Quantities (BOQ), along with installation and service components. The following table summarises the key parameters of the order as disclosed by the company:

Parameter: Details
Awarding Entity: Solarworld Energy Solutions Limited
Nature of Order: Supply and Service of Module Cleaning System
Order Value: Rs.1,49,04,050
Location of Supply: Gujarat
Domestic/International: Domestic
Related Party Transaction: No
Promoter/Group Interest: No

Execution Timeline

The order carries defined delivery and execution milestones, as outlined in the disclosure. The key timelines for order execution are as follows:

  • HDPE Pipes & Fittings: Supply to be completed within 3 weeks
  • Pumps: Delivery to be completed within 6-7 weeks
  • Execution & Commissioning: To be completed within 8 weeks

Compliance and Governance

The company has confirmed that the order does not constitute a related party transaction, and that no promoter, promoter group, or group company holds any interest in Solarworld Energy Solutions Limited, the entity awarding the contract. The disclosure was signed by Pavankumar Bang, Managing Director and CEO of Chiraharit Limited, on 12th May 2026, in accordance with applicable SEBI regulations.

Historical Stock Returns for Chiraharit

1 Day5 Days1 Month6 Months1 Year5 Years
+4.84%+14.08%+22.39%-9.92%-29.45%-29.45%

How might this order from Solarworld Energy Solutions signal a broader pipeline of module cleaning system contracts for Chiraharit Limited in Gujarat's growing solar sector?

Could successful execution of this order within the 8-week commissioning timeline position Chiraharit Limited to secure larger or repeat orders from Solarworld Energy Solutions?

What impact could increasing demand for solar module maintenance solutions in India have on Chiraharit Limited's revenue trajectory over the next 12-24 months?

Chiraharit Secures ₹4.93 Crore Order From TP Vardhaman Surya Limited for Wind Power Project

1 min read     Updated on 09 May 2026, 04:41 PM
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AI Summary

Chiraharit Limited has received a domestic purchase order valued at Rs.4,93,25,000 (excluding GST) from TP Vardhaman Surya Limited, a Tata Group company, for supply of SVG and Filters along with Miscellaneous Services for a wind power project in Karnataka. The contract is to be executed within 16 weeks and is not a related party transaction. The disclosure was intimated to BSE Limited on 09th May 2026 and signed by Managing Director and CEO Pavankumar Bang.

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Chiraharit Limited, a Hyderabad-based company, has announced the receipt of a purchase order from TP Vardhaman Surya Limited, a Tata Group company, for supply and services for a wind power project. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was intimated to BSE Limited on 09th May 2026.

Order Details

The purchase order covers the supply of SVG and Filters, along with Miscellaneous Services as per the Bill of Quantities (BOQ). The scope of work includes installation and service activities, with the location of supply designated as Karnataka. The order is classified as a domestic contract and is not a related party transaction, with no interest of the promoter, promoter group, or group companies in the awarding entity.

The key parameters of the purchase order are summarised below:

Parameter: Details
Awarding Entity: TP Vardhaman Surya Limited (Tata Group Company)
Nature of Order: Supply and Services for Wind Power Project
Scope of Work: Services of SVG and Filters, Miscellaneous Services as per BOQ; Installation/Service included
Location of Supply: Karnataka
Order Value (Excl. GST): Rs.4,93,25,000/-
Execution Timeline: To be executed within 16 weeks
Domestic/International: Domestic
Related Party Transaction: No
Promoter/Group Interest in Awarding Entity: No

Significance of the Order

The order, valued at Rs.4,93,25,000 (Rupees Four Crore Ninety-Three Lakh and Twenty-Five Thousand only, excluding GST), represents a significant business development for Chiraharit Limited in the renewable energy segment. The contract is to be executed within 16 weeks from the date of the order. The disclosure was signed by Pavankumar Bang, Managing Director and CEO of Chiraharit Limited.

Historical Stock Returns for Chiraharit

1 Day5 Days1 Month6 Months1 Year5 Years
+4.84%+14.08%+22.39%-9.92%-29.45%-29.45%

Could this Tata Group contract serve as a springboard for Chiraharit Limited to secure larger renewable energy orders, and what is the company's pipeline of similar projects?

How might successful execution of this SVG and Filters supply contract within the 16-week timeline impact Chiraharit Limited's credibility and future bidding prospects in India's expanding wind energy sector?

Given India's ambitious renewable energy targets, are there indications that TP Vardhaman Surya Limited plans to expand its wind power portfolio in Karnataka, potentially leading to follow-on orders for Chiraharit?

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1 Year Returns:-29.45%