Australian Premium Solar (India) Limited — Important, 18-02-2025: Updates

Australian Premium Solar (India) Limited has been awarded a tender by the Technical Evaluation Committee for the design, manufacture, supply, transport, installation, testing, and commissioning of Off-Grid Solar Photovoltaic Water Pumping Systems in Madhya Pradesh. This project, carried out under the PM KUSUM Scheme (Component B) of the Ministry of New & Renewable Energy, includes provisions for a five-year warranty, annual maintenance contracts, and insurance. This development indicates a strategic strengthening of the company’s position in the renewable energy sector, potentially enhancing revenue streams and operational capabilities. Investors should view this as a positive opportunity for growth in the company's portfolio.