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Suratwwala Subsidiary Wins Rs 69 Cr Solar EPC Contract

By ThePip DeskSuratwwala Subsidiary Wins Rs 69 Cr Solar EPC Contract

Suratwwala Natural Energy Resource bags a Rs 69 crore LoI for a 20MW solar power plant project in Maharashtra, boosting corporate growth in renewables.

Corporate expansion takes a concrete turn as Suratwwala Natural Energy Resource lands a major solar engineering mandate. The subsidiary secures a vital Letter of Intent valued at Rs 69 crore, excluding GST.

Project Breakdown and Key Figures

The contract arrives from M/s Shree Tatyasaheb Kore Warana SSK for a comprehensive EPC assignment. Here are the core specifications outlined in the announcement:

  • Project Value: Rs 69 crore excluding GST
  • Plant Capacity: 20MW (AC) / 28.1 MW (DC) Solar Power Plant
  • Location: Kolhapur, Sangli District in Maharashtra
  • Operation and Maintenance Cost: Rs 50 lakh per year
  • Minimum Guaranteed Generation: 42.0048 MUs per year
  • Completion Timeframe: 4 months

Strategic Scope and Execution Timeline

The operational framework demands a detailed work schedule mapping out commencement and completion dates. Both parties must mutually agree upon these timelines to ensure delivery within the stipulated four-month window.

Suratwwala Business Group operates primarily as a real estate development company. Their core focus centres on the development of residential and commercial projects within the Pune district.

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