Ahasolar Technologies Limited has secured a substantial work order worth ₹59 lakh from BSES Yamuna Power Limited for conducting a rooftop solar awareness campaign. The contract falls under the PM Surya Ghar Muft Bijli Yojana, a government initiative aimed at promoting solar energy adoption across the country.

Contract Details and Scope

The work order encompasses a comprehensive rooftop solar awareness campaign that the company must execute within a six-month timeframe. The campaign represents a domestic contract awarded by BSES Yamuna Power Limited, focusing on educating consumers about rooftop solar installations and benefits under the government's flagship solar program.

Regulatory Compliance and Transparency

Ahasolar Technologies announced this development through a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that no promoter, promoter group, or group companies have any interest in BSES Yamuna Power Limited, the entity that awarded the contract.

The filing also clarified that this work order does not constitute a related party transaction, ensuring complete transparency in the business arrangement. This compliance demonstrates the company's commitment to maintaining proper corporate governance standards.

Strategic Significance

The awareness campaign contract aligns with Ahasolar Technologies' core business focus on solar energy solutions. By partnering with BSES Yamuna Power Limited, the company will contribute to the broader national objective of increasing rooftop solar adoption through targeted awareness initiatives.

The six-month execution timeline provides the company with a structured framework to deliver comprehensive awareness programs that can potentially drive future solar installations in the target market areas served by BSES Yamuna Power Limited.

Ahasolar Technologies has announced securing a consultancy work order valued at ₹1.18 crores from CIL Rajasthan Akshay Urja Limited. The contract encompasses Owner's Engineering and Project Management Consultancy (OEPMC) services for a substantial 875 MW Solar Photovoltaic Power Project situated within RVUNL's expansive 2000 MW Solar Park at Pugal, Bikaner district, Rajasthan.

Contract Details and Scope

The comprehensive consultancy agreement outlines Ahasolar Technologies' responsibility for providing specialized engineering and project management services for the large-scale solar installation. The project represents a significant component of the broader 2000 MW solar park development in Rajasthan, one of India's leading states for solar energy generation.

Project Execution Framework

The 18-month execution timeline demonstrates the comprehensive nature of the consultancy services required for the project. As a domestic contract, the engagement aligns with India's renewable energy expansion objectives and supports local expertise development in the solar sector.

Regulatory Compliance

Ahasolar Technologies disclosed this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders. The company confirmed that no promoter, promoter group, or group companies have any interest in the entity awarding the contract, maintaining arm's length transaction principles.

Strategic Significance

This consultancy contract reinforces Ahasolar Technologies' position in India's renewable energy consulting sector. The engagement with CIL Rajasthan Akshay Urja Limited for such a substantial solar project capacity underscores the company's technical capabilities and market recognition in providing specialized Owner's Engineering and Project Management services for large-scale solar installations.