TCM Ltd. receives order from ANERT.

TCM Ltd has received the following work order, DT. 10/03/2023 from Agency for New and Renewable Energy Research and Technology (ANERT), Department of Power, Government of Kerala as per Tender 1D:2023_ANERT_548986_1 for the Design, Supply, Installation and Commissioning of Grid connected SPV Power Plants in Public Buildings at Thiruvananthapuram under Solar City Project (funded by Smart City Thiruvananthapuram Ltd).

A tripartite agreement has to be executed within 7 days of receipt of the work order for fulfillment of the contract along with a security deposit of Rs.2,21,910/- being 3% of contract value of Rs.73,97,000/-.

100-200 kw work is to be completed within 45 days. Upon delivery of major components at the respective sites, 60% of contract value will be released, on completion of installation and testing of the plant, 20% of contract value will be released as second part. On commissioning, 10% of remaining contract will be released. Final 10% will be retained as performance security and will be released upon completion of the term. 3% security deposit will be released on completion of supply, installation and commissioning.

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