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Surana Ventures bags contract worth Rs 200 crore

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Capital Market
Last Updated : Nov 18 2014 | 8:31 PM IST

For supply, installation and commissioning of 5 HP AC model SPV Pump sets

Surana Ventures announced that the Company has participated in the Solar Photovoltaic Water Pump tender dated 30 September 2014 for supply, installation and commissioning for 4,000 sets for both Andhra Pradesh and Telangana States under the rate contract system for a total value of Rs. 200 crore. The NREDCAP has issued a letter of acceptance for entering into the rate contract agreement, as the Company has stood L1 (lowest bidder) for 5 HP AC model SPV Pump sets in the bid. This contract will be for turnkey procurement, EPC and maintenance for a period of 5 years.

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First Published: Nov 18 2014 | 2:10 PM IST

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