Sahaj Solar Limited — New Orders, 31-01-2025: Awarding of order(s)/contract(s)

Sahaj Solar Limited has received a Letter of Empanelment and Rate Contract from Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) for the design, manufacture, supply, transport, installation, testing, and commissioning of Off-Grid DC Solar Photovoltaic water pumping systems with capacities of 3 HP, 5 HP, and 7.5 HP. This contract includes a full system warranty with repair and maintenance for five years, comprising a total of 2,000 systems under the "Magel Tyala Saur Krushi Pump" scheme. The total contract value is ₹60.34 crore (inclusive of GST) and must be completed within 12 months from the issue date. This significant contract presents a positive outlook, adding to Sahaj Solar's growth potential in the sustainable energy sector. Investors should watch closely for further developments on the implementation and performance of this initiative.