India, June 23 -- DEE Development Engineers Limited has announced that its wholly owned subsidiary, DEE Fabricom India Private Limited, has received a significant order worth approximately Rs 64 crore (inclusive of GST) from Ganeko Solar Private Limited.
The contract involves the manufacturing and supply of fifteen EN156 Envision make windmill towers, each designed for 3.3 MW wind turbines. The project is scheduled for execution by January 2027.
Under the payment terms, the subsidiary will receive 25% advance payment against a reducing balance bank guarantee, 55% upon material readiness, and the remaining 20% within 15 days of invoicing. The order also carries a warranty period of 24 months from ex-works readiness.
The contract has been ...