Chiraharit Ltd Wins Contract from Tata Power Renewable Energy Limited for Borewell Supply and Services
Chiraharit Ltd, formerly known as Chiraharit Private Limited, has secured a substantial contract with Tata Power Renewable Energy Limited (TPREL). The agreement involves the supply of pipes and fittings and associated services for borewell projects.The domestic order, valued at Rs. 55,99,500/- excluding GST, covers the Supply and Services for Borewell. This engagement places Chiraharit Ltd in a key position to support TPREL's renewable energy infrastructure requirements.
According to the details of the purchase order, the scope involves supplying Pipes & Fittings as per Bill of Quantities (BOQ). The location of supply is designated as Maharashtra.
Key aspects and timelines related to the contract include:
| Aspect | Details |
|---|---|
| Contracting Entity | Tata Power Renewable Energy Limited (TPREL) |
| Nature of Work | Supply and Services for Borewell |
| Order Type | Domestic |
| Consideration Value | Rs. 55,99,500/- (Excluding GST) |
| Scope Detail | Supply of Pipes & Fittings as per BOQ; Installation/Service required |
The delivery schedule stipulates that drawing submissions must be completed within one week from the date of the Purchase Order. Following submission, TPREL must approve the drawings within a subsequent one week period. The entire supply and service must be completed on or before September 15, 2026.
Regarding related party transactions and conflicts of interest, neither Chiraharit Ltd nor its promoter group companies hold any interest in Tata Power Renewable Energy Limited. Consequently, the order does not fall under related party transactions.
Stock Price Movement
Chiraharit Ltd settled at ₹7.75 in the post-market session today, ticking up 0.39%. The shares traded completely flat for the entire day, as both the intraday high and low locked in at ₹7.75.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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