Kirloskar Brothers Limited announced that the Company has received a significant contract from Adani Power Limited and its subsidiaries, for supply of Circulating Water Pumps (Concrete Volute pump technology) and Auxiliary Cooling Water Pumps, aggregating to INR 2,140 million. This is a prestigious contract for the Company for supply of pump packages for thermal power projects in the States of Madhya Pradesh, Assam, Chhattisgarh and Bihar. Name of the entity order(s)/contract(s); awarding: Adani Power Limited namely, and its subsidiaries,: Anuppur Thermal Energy (MP) Pvt.
Ltd. and Korba Power . Significant terms and conditions of order(s)/contract(s) awarded in brief: Payment shall be in a phased manner i.e., within 30 days after receipt of Goods at the Delivery Point, balance against erection, commissioning and testing. Defect Liability Period of 12 months from the date of commissioning.
Whether order(s) /contract(s) have been awarded by domestic/international entity: Domestic entities . Nature of order(s) /contract(s): Supply of pump packages for thermal power projects in the States of Madhya Pradesh, Assam, Chhattisgarh and Bihar. Time period by which the order(s)/contract(s) is to be executed Within 18 to 24 months from the date of the Purchase Order.
