Trom Industries Limited Receives Purchase Order from Iskcon Metals
Trom Industries Limited announced that it has received a purchase order from Iskcon Metals for the supply and design, installation, testing, and commissioning of a 650 KW solar power plant. The order, valued at INR 1,69,88,400.00 inclusive of GST, is expected to be completed within one year.The contract involves the supply of Solar Photovoltic (SPV) Based grid interactive solar power plant along with its design, installation, testing, and commissioning. Iskcon Metals is a domestic entity.
According to the company, neither the promoter group nor any group companies have an interest in Iskcon Metals, and the transaction is not considered a related party transaction.
Details of the Purchase Order
| Sr. No. | Particulars | Details |
|---|---|---|
| 1 | Name(s) of parties with whom order is received | M/s. Iskcon Metals |
| 2 | Significant terms and conditions of order(s)/contract(s) awarded in brief | Supply and Design, Installation, Testing, Commissioning of Solar Photovoltic (SPV) Based grid Interactive 650KW Solar Power Plant. |
| 3 | Whether order(s)/contract(s) have been awarded by domestic/ international entity | Domestic Entity |
| 4 | Nature of order(s) / contract(s) | Supply of Solar Photovoltic (SPV) Based grid interactive 650 KW Solar Power Plant along with Design, Installation, Testing, Commissioning of it. |
| 5 | Whether domestic or international | Domestic Order |
| 6 | Time period by which the order(s)/contract(s) is to be executed | To be completed within a year |
| 7 | Broad consideration or size of the order(s)/contract(s) | Order worth value of INR 1,69,88,400.00 /- inclusive GST |
| 8 | 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 |
| 9 | Whether the order(s)/contract(s) would fall within related party transactions? If y e s , w h e t h e r the same is done at 'arm's length'. | No |
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