DMR Engineering Ltd. Receives Work Order for Hydroelectric Project
DMR Engineering Ltd. has received a work order from Him Urja Private Limited for the preparation of a Detailed Project Report (DPR) and providing Design and Engineering Consultancy Services for the Sainachatti Kuthnaur Hydroelectric Project (24 MW) in Uttarakhand, India.The contract will be executed over a period of 24 months with a total consideration of Rs. 1,25,00,000, excluding applicable GST. The scope of work also includes optional services related to Hydro-Mechanical and Electro-Mechanical works, valued at Rs. 40,00,000.
The contract does not involve any related party transactions, and no promoter, promoter group, or group companies have an interest in Him Urja Private Limited.
| Particulars | Details | |
|---|---|---|
| a. | Name of the entity awarding the order(s) /contract(s); | Him Urja Private Limited |
| b. | Significant terms and conditions of order(s) /contract(s) awarded in brief; | Preparation of Detailed Project Report (DPR) and providing Design and Engineering Consultancy Services in respect of the Sainachatti Kuthnaur Hydroelectric Project (24 MW) located in the state of Uttarakhand, India. |
| c. | Whether order(s) / contract(s) have been awarded by domestic/ international entity; | Domestic entity |
| d. | Nature of order(s) / contract(s); | Engineering Consultancy Services |
| e. | Whether domestic or international; | Domestic |
| f. | Time period by which the order(s)/ contract(s) is to be executed; | 24 months |
| g. | Broad consideration or size of the order(s)/ contract(s); | Rs.1,25,00,000 (Rupees One Crore Twenty-Five Lakh only), exclusive of applicable GST. Also, includes optional services aggregating to Rs. 40,00,000 (Rupees Forty Lakh only). |
| h. | Whether the promoter/ promoter group / group companies have any interest in the entity that awarded the order(s)/ contract(s)? If yes, nature of interest and details thereof | No |
| i. | Whether the order(s)/contract(s) would fall within related party transactions? If yes, whether the same is done at 'arm's length'. | No |
Source:
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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.