Lakshya Powertech Secures Rs. 21.24 Crore Work Order from Micron Electricals
Lakshya Powertech Limited has secured a significant Work Order from Micron Electricals (India) Private Limited, reaffirming its position in the data center industry. The contract, valued at Rs. 21,24,00,000 /- (Rupees Twenty-One Crore Twenty-Four Lakhs) including GST, is focused on specialized energy infrastructure work.The receipt of the work order highlights the company's continuous efforts and strategic focus on enhancing its capabilities within the data center domain. This achievement reinforces Lakshya Powertech's reliability and competitive standing in a rapidly evolving sector.
The contract awarded by Micron Electricals (India) Private Limited involves the comprehensive scope of work related to 11 x 90 KL horizontal underground bulk storage diesel tank, including HSD work.
Key details of the awarded contract are outlined below:
| Detail | Description |
|---|---|
| Awarding Entity | Micron Electricals (India) Private Limited |
| Transaction Value | Rs. 21,24,00,000 /- (Including GST) |
| Nature of Transaction | Domestic Work Order (Domestic Entity) |
| Scope of Work | Manufacturing, fabrication, testing at the company's works, supply, transportation, loading & unloading, erection at site, conducting site acceptance test, commissioning, and putting into operation. |
| Execution Period | 6 Months (subject to variation) |
The terms and scope confirm that the work involves the full cycle of execution for the bulk storage diesel tank, from manufacturing and testing to final commissioning and operational handover.
LAKSHYA Stock Price Movement
As of 10:42 AM, shares of Lakshya Powertech Limited are rallying in live trading, edging up 11.27% to reach ₹106.65. The stock has gained ₹10.80 today, driven by notable buyer interest reflected in the 40,800 shares traded so far.Source:
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