Teerth Gopicon Limited — New Orders, 04-03-2025: Bagging/Receiving of orders/contracts

Teerth Gopicon Limited has received a Letter of Award from NHPC Limited for the development of a 120 MW Solar Power Project under the Inter-State Transmission System (ISTS). The project, allocated a capacity of 70 MW, is situated in Amardi, Gujarat, and is expected to achieve a capacity utilization factor (CUF) of 25%. The execution period for this contract is set for 24 months from the effective date of the Power Purchase Agreement (PPA). The company acknowledges that there was a delay in disclosing this material event and is committed to enhancing compliance adherence in future communications. This award represents a significant opportunity for the company in the growing renewable energy sector, which could positively influence its operational trajectory and growth potential. Investors should monitor this development closely as it aligns with increasing demands for sustainable energy solutions.