Lord's Mark Industries Secures Major State-Wide Solar Lighting Order from CREDA in Chhattisgarh

Lord's Mark Industries Limited (BSE Scrip Code: 501261) announced that its Lighting Division has emerged as the lowest bidder (L1) and formally accepted a Letter of Offer from the Chhattisgarh State Renewable Energy Development Agency (CREDA), Department of Energy, Government of Chhattisgarh.

The contract awards Lord's Mark Industries full execution rights for solar home lighting installations across the entire state of Chhattisgarh, representing a key expansion of the company's clean energy footprint.

Contract Scope & Unit Pricing Breakdown

The order involves the supply, installation, and long-term maintenance of off-grid solar infrastructure designed to bolster sustainable energy access in the state.

Project Scope: Supply, installation, and commissioning of Solar Home Lighting Systems with a minimum capacity of 300 Wp, backed by an onsite unconditional warranty and a 5-year Comprehensive Maintenance Contract (CMC).

Approved L1 Unit Rate: ₹47,625 per system (excluding GST).

Cost Structure per Unit

Material Supply: ₹42,000

Installation & Commissioning: ₹1,750

5-Year Comprehensive Maintenance (CMC): ₹3,875

Geographic Reach: Covers the entire state of Chhattisgarh, substantially expanding Lord's Mark Industries' market presence in renewable energy and smart lighting infrastructure.

Competitive Edge: Securing the L1 status validates the company's supply chain efficiency and cost competitiveness in state-level public procurement.

The company confirmed that the agreement process has been initiated and execution will proceed according to standard project timelines specified by CREDA.

Source : Equity Bulls

Keywords

LordsMarkIndustries L1 CREDA