Prostarm Info Systems Secures INR 6.71 Crore Solar Project from SAIL
Filing Summary
Prostarm Info Systems Ltd has received a Letter of Acceptance from the Steel Authority of India Limited (SAIL) for a project valued at INR 6.71 crore. The project involves the supply, installation, and commissioning of a 2 MW (AC) rooftop solar PV system across various buildings of SAIL’s plant. The contract is set to be executed over a 12-month period. This order is part of Prostarm’s regular business operations and does not involve any related party transactions or interests from the promoter group.
Prostarm Info Systems Ltd has announced the receipt of a Letter of Acceptance from the Steel Authority of India Limited (SAIL). The contract involves the supply, installation, and commissioning of a 2 MW (AC) rooftop solar PV system. The project is valued at INR 6.71 crore and will be executed over a period of 12 months.
The order was awarded by a domestic entity, SAIL, and is part of Prostarm’s regular business operations. The project will be implemented across various buildings of SAIL’s plant. The company has confirmed that there are no interests from the promoter or promoter group in SAIL, and the contract does not fall under related party transactions.
The details of the order were disclosed in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements Regulations), 2015. The announcement follows an earlier communication made by the company on January 20, 2026.
SAIL is a leading steel-making company in India, focusing on the production of iron and steel. It operates and owns integrated steel plants and is involved in the manufacturing and sale of a wide range of steel products. The company is a significant player in the domestic steel industry.
Prostarm Info Systems Ltd specializes in providing energy solutions, including solar power systems. The company focuses on expanding its portfolio in renewable energy projects and aims to deliver efficient and sustainable energy solutions. Prostarm continues to engage in projects that align with its strategic priorities in the energy sector.