Madhav Infra Projects Limited

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Madhav Infra Projects Limited

CIN : L45200GJ1992PLC018392
Madhav House, Plot No. 4
Near Panchratna Building
Subhanpura, Vadodara-390 023
Telefax : 0265-2290722
www.madhavcorp.com

To, August 4, 2023


General Manager
Listing Comp liance Department
BSE Limited
Phiroze Jeejeebhoy Towers
Dalal Street
Mumbai - 400 001

Security Id: MADHAVIPL Scrip Code : 539894

Dear Sirs,

Sub: Receipt of LOA from Oil and Natural Gas Corporation Limited -ANKLESHWAR

Ref.: Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulation


2015

With reference to the captioned subject, and pursuant to Regulation 30 of SEBI (Listing
Obligation and Disclosure Requirement) regulation 2015, we are pleased to inform you that
MADHAV INFRA PROJECTS LIMITED received of Letter of acceptance for " Design,
Engineering, Procurement & Supply, Construction & Installation, Commissioning, Associated
Transmission System and Operation & Maintenance of 15 MW (AC) Solar Photovoltaic Grid-
Connected power plant" from Oil and Natural Gas Corporation Limited -ANKLESHWAR

The details of the contract as mention below .

Sr. Particular Details


No.
1. Name of Entity Awarding the Contract Oil and Natural Gas Corporation Limited -
ANKLESHWAR
2. Significant Terms and Conditions of 1. The time of completion and
Contract commissioning of the plant is 15
months from the date of issue of
LOA.
2. The COMC Contact period is 10
(ten) years
3. All other terms and conditions
stipulated in the tender document
including changes/modifications
as a sequel to PBC
3. Contracts have been awarded by Domestic Entity .
domestic/international entity
4. Nature of Contract Solar EPC Work for Solar PV Capital
5. Domestic or International Contract Domestic Contract
6. Time Period by which the Contract is to 12 Months
be executed
7. Broad Consideration of the Contract Rs. 117,91,65,498 (Rupees One Hundred
and Seventeen Crore, Ninety-one Lakhs,
Sixty-Five Thousand, Four Hundred Ninety-
Eight Only}

8. The Promoter I Promoter No


Group/Group of Companies have any
Interest in the entity that awarded the
Contract.
9. The Contract would fall w ithin Related No
Party Transaction.

This is for your information and record purpose.

Thanking you.

Yours faithfully,
For, MADHAV INFRA PROJECTS LIMITED
DHARMESHKUM Digitally signed by DHARMESHKUMAR ASHWINBHAI CHAUHAN
DN: c=IN, postalCode=388001, st=GUJARAT, street=ANAND,
l=ANAND, o=Personal,

AR ASHWINBHAI
serialNumber=cca5b53551ea451b0b0d298c738d41fcaa789139
46c264ca8c2f3b3ef315e50f,
pseudonym=bb97190fe7694b7fb4d9c5ed00eb4280,
2.5.4.20=6fbd886b903bef5cc1ab053bf69a6922cb55424bd64e2

CHAUHAN
0301239f3f34fd49e11, [email protected],
cn=DHARMESHKUMAR ASHWINBHAI CHAUHAN
Date: 2023.08.04 11:11:00 +05'30'

DHARMESH CHAUHAN
COMPANY SECRETARY
MEMBERSHIP NO. -A40003

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