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

2 min read     Updated on 21 Jan 2026, 11:36 AM
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Overview

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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*this image is generated using AI for illustrative purposes only.

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.

Historical Stock Returns for Techknowgreen Solutions

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Techknowgreen Solutions Secures ₹3.60 Crore Work Order from NTT Global Data Centers

1 min read     Updated on 16 Dec 2025, 05:07 PM
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Reviewed by
Shriram SScanX News Team
Overview

Techknowgreen Solutions Limited has received a ₹3.60 crore work order from NTT Global Data Centers NAV2 Private Limited for 400KV EHV Line Forest Approvals Clearance work at their Phase-2 NAV2 Project in Airoli, Navi Mumbai. The project, awarded on December 16, 2025, has a 12-month completion timeline. The payment structure is milestone-based, with four stages ranging from 20% to 40% of the total value. This domestic contract strengthens Techknowgreen's position in environmental clearance services for critical infrastructure projects.

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*this image is generated using AI for illustrative purposes only.

Techknowgreen Solutions Limited has announced the receipt of a substantial work order valued at ₹3.60 crores from NTT Global Data Centers NAV2 Private Limited. The company disclosed this development on December 16, 2025, in compliance with SEBI regulations regarding material information disclosure.

Project Details and Scope

The awarded contract pertains to 400KV EHV Line Forest Approvals Clearance work at Phase-2 of NAV2 Project situated in Airoli, Navi Mumbai. This specialized work involves obtaining necessary forest clearances and approvals for high-voltage electrical infrastructure development.

Parameter Details
Order Value ₹3.60 crores (excluding GST)
Client NTT Global Data Centers NAV2 Private Limited
Project Location Airoli, Navi Mumbai
Completion Timeline 12 months
Order Date December 16, 2025

Payment Structure and Terms

The contract features a milestone-based payment mechanism designed to align compensation with project progress. The structured approach ensures systematic fund flow throughout the project lifecycle.

Payment Stage Percentage Milestone
First Payment 20% Pre-approval application
Second Payment 30% Baseline Survey completion
Third Payment 40% Proposal submission (online and hard copies)
Final Payment 10% Government approval and CCF(T) Thane permission

Regulatory Compliance and Disclosure

Techknowgreen Solutions made this disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that this order represents a domestic contract with no related party transaction implications. The disclosure was made within the prescribed timeline to ensure complete transparency and regulatory compliance.

The work order strengthens Techknowgreen Solutions' position in the specialized environmental clearance and approval services sector, particularly for critical infrastructure projects requiring forest department permissions and regulatory compliance.

Historical Stock Returns for Techknowgreen Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
-0.05%-1.96%-7.88%-49.46%-60.47%+9.47%
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