### Aarvi Encon Limited Secures Major Contract in Renewable Energy Sector
Aarvi Encon Limited (AEL) has officially announced the receipt of a significant work order from a prominent domestic renewable energy firm, effective October 28, 2025. This contract entails project management and technical manpower deployment for a greenfield wind farm project in India, set to last for 18 months.
The announcement, made to the National Stock Exchange of India, details that the total value of the contract amounts to ₹5,36,85,200 (approximately ₹5.37 crore). While the specific identity of the awarding entity remains confidential due to a Non-Disclosure Agreement, AEL has confirmed that this is a domestic contract, reinforcing its commitment to fostering local renewable energy initiatives.
Key aspects of the contract include: - Nature of Work: Project management and technical manpower deployment. - Duration: From October 28, 2025, to April 28, 2027. - Financial Implications: The contract is valued at ₹5.37 crore, contributing positively to AEL's revenue stream.
Aarvi Encon has emphasized that there are no related party transactions involved in this contract, ensuring transparency and adherence to regulatory standards. As the renewable energy sector continues to grow, this contract positions AEL as a key player in India's push towards sustainable energy solutions.
This latest development showcases Aarvi Encon’s expertise and capability in managing significant projects, solidifying its role in the evolving landscape of renewable energy in India.
Stay tuned for more updates on AEL's ventures and the renewable energy market!