Australian Premium Solar (India) Limited — New Orders, 24-04-2025: Awarding of order(s)/contract(s)

Australian Premium Solar (India) Limited has received its first Letter of Award (LOA) from the Tripura Renewable Energy Development Agency for the supply of 633 Off-Grid Solar Photovoltaic Water Pumping Systems. The total contract value is approximately Rs. 10.77 crore, which includes a five-year warranty, annual maintenance contract, and insurance coverage. This order is expected to enhance the customer base and contribute positively to the company's profitability. The project is part of the PM-KUSUM Scheme of the Ministry of New & Renewable Energy, Government of India, positioning the company to capitalize on growing demand for renewable energy solutions. Investors should monitor this development for potential growth opportunities.