Mumbai, July 20 -- The company said it emerged as the lowest (L1) bidder and has accepted the Letter of Offer from CREDA for the supply, installation and commissioning of solar home lighting systems with a minimum capacity of 300 Wp across the state of Chhattisgarh.

The contract also includes a five-year comprehensive maintenance contract (CMC) and an onsite unconditional warranty. The agreement process has been initiated, and execution will be carried out as per CREDA's prescribed project timelines.

Lords Mark Industries said the approved L1 rate is Rs 47,625 per system. The amount comprises Rs 42,000 for material supply, Rs 1,750 for installation and commissioning, and Rs 3,875 towards the five-year maintenance contract.

The company ...