Wins ₹10.16 Cr Substation Turnkey Order from UPPTCL
Safety Controls & Devices Ltd has secured a domestic turnkey EPC contract valued at ₹10.16 crore (inclusive of GST) from U.P. Power Transmission Corporation Limited (UPPTCL). The scope includes engineering, supply, erection, and commissioning of 220kV and 33kV GIS bays at Lucknow. The order represents approximately 8.7% of the company's FY26 total revenue of ₹117 crore. The project is scheduled to be completed within six months from the LOI/LOA date or site handover.
உச்சம் நம்பிக்கை
என்ன மாறியதுAward of a ₹10.16 crore turnkey substation expansion EPC order by UPPTCL to the company.
ஏன் இது முக்கியம்Adds revenue visibility equivalent to ~8.7% of FY26 annual revenue, strengthening its presence in state power transmission EPC projects.
Order Value: ₹10,15,69,374.00Order vs FY26 Revenue: ~8.7%Execution Period: Within Six (06) MonthsPerformance Bank Guarantee: 10% of total contract value
📅 குறுகிய காலம்Positive sentiment from state utility order inflow; watch for timely submission of the 10% CPBG within 28 days.
📈 நீண்ட காலம்Limited structural change, but reinforces track record in regional power transmission and substation EPC infrastructure.
⚠ அபாய எச்சரிக்கைகள்
- Liquidated damages penalty of up to 5% if execution exceeds scheduled completion
- Dependence on UPPTCL for site/land handover and transformer provision
👀 கவனிக்க வேண்டியவை
Monitor project execution milestones and revenue recognition over the scheduled 6-month completion window.
