Techknowgreen Solutions Secures ₹1.70 Crore Work Order from Web Werks India

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Key Highlights

Techknowgreen Solutions Limited has been awarded a ₹1.70 crore work order from Web Werks (India) Pvt Ltd for comprehensive consulting services related to property tax compliance and development advisory for a data centre facility in Navi Mumbai. The contract includes three service scopes with structured payment terms and a 45-day execution timeline, representing a significant business development for the consulting firm.

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Techknowgreen Solutions Limited has secured a significant work order valued at ₹1.70 crores from Web Werks (India) Pvt Ltd, marking a notable business development for the consulting firm. The company disclosed this contract award under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 on January 21, 2026.

Contract Overview and Scope

The comprehensive work order encompasses three distinct consulting scopes focused on regulatory compliance and development advisory services for Web Werks' operations in Navi Mumbai. The contract value stands at ₹1,70,00,000 excluding GST, representing a substantial engagement for Techknowgreen Solutions.

Contract Details: Specifications
Client: Web Werks (India) Pvt Ltd
Total Value: ₹1.70 crores (excluding GST)
Entity Type: Domestic
Execution Timeline: 45 days
GST Rate: 18%

Service Deliverables and Payment Structure

The work order is structured across three primary scopes, each with specific deliverables and payment milestones:

Scope 1 - Property Tax Compliance (₹1.30 crores): Due diligence, consulting and advisory services to obtain No Dues Certificate of property tax from Navi Mumbai Municipal Corporation, Property Tax Department for the data centre facility located in TTC MIDC, Navi Mumbai. Payment of 100% is due within 45 calendar days post confirmation of purchase order, against obtaining the NMMC property tax no dues certificate.

Scope 2 - Development Advisory (₹13.00 lakhs): Due diligence, advisory and consultancy services on the development period of plots located in TTC MIDC, Navi Mumbai. Full payment is scheduled within 45 calendar days post confirmation of purchase order, against submission of the final report.

Scope 3 - Time Extension Consulting (₹27.00 lakhs): Consulting services to obtain time extension order for plot located in TTC MIDC, Navi Mumbai. The demand note for time extension must be obtained within 45 working days post application and submission of all documents, with 100% payment against obtaining the final extension order.

Regulatory Compliance and Disclosure

The contract disclosure confirms that this engagement does not involve any related party transactions, and the promoter/promoter group/group companies have no interest in Web Werks (India) Pvt Ltd. The work order represents an arm's length transaction between independent entities, ensuring compliance with regulatory requirements.

Compliance Parameters: Status
Related Party Transaction: Not Applicable
Promoter Group Interest: Not Applicable
Regulatory Framework: SEBI Regulation 30
Transaction Nature: Arm's Length

Strategic Significance

This substantial contract award demonstrates Techknowgreen Solutions' expertise in regulatory consulting and municipal compliance services, particularly in the data centre and infrastructure development sector. The engagement with Web Werks, a prominent data centre services provider, positions the company to leverage its consulting capabilities in the growing digital infrastructure market. The structured payment terms tied to specific deliverables provide clear performance milestones and ensure project accountability throughout the 45-day execution timeline.

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