Mehai Technology Limited receives order from Sungevity Enterprises Pvt Ltd

Mehai Technology Limited has recently received a very prestigious order worth Rs. 855.00 Crores from the Office of the Sungevity Enterprises Private Limited (SEPL), 4th Floor mind space Building Chincholibunder Road, Malad West, Mumbai 400064 for providing the below mentioned services:

1. The scope of work includes Design, Supply, Installation, Testing, and Commissioning with Comprehensive Maintenance Contract (CMC for 5 years) including Remote Monitoring System (RMS) of Smart Solar Street Light System on the identified existing electric pole under 'Mukhyamantri Gramin Solar Street Light Yojana' in the state of Bihar.

2. The Order Received of 3,00,000 Solar Street Light , Contract Value is approx. 855.00 Crores. The Work Order effect from 08/07/2024 i.e., from the date of the signing of this agreement.

3. Supply of solar street lighting system as per tender specification including but not limited to 20W luminary, 12.8V 54AH Lithium Ferro phosphate battery, 120W polycrystalline solar PV modules, Systems.

The project execution shall be completed within a period of 6 months from the date of issuance of particular work order by the client and maintenance period of 5 years.

Shares of Mehai Technology Ltd was last trading in BSE at Rs. 30.15 as compared to the previous close of Rs. 29.65. The total number of shares traded during the day was 22011 in over 43 trades.

The stock hit an intraday high of Rs. 30.15 and intraday low of 29.06. The net turnover during the day was Rs. 646413.00.

Source : Equity Bulls

Keywords

MehaiTechnology INE062Y01012 OrderWin SungevityEnterprises