Emmvee Photovoltaic Secures 4.5 GWp Supply Agreement
Filing Summary
Emmvee Photovoltaic Power Limited has announced that its wholly owned subsidiary, Emmvee Energy Private Limited, has entered into a supply agreement with a domestic buyer. The agreement involves the supply of TOPCon crystalline silicon photovoltaic cells with a contracted offtake totaling 4.5 GWp. The execution period for this order spans from December 2025 to 2030. This transaction does not involve any related party transactions, and no interests from the promoter group are associated with the buyer.
Emmvee Photovoltaic Power Limited, through its wholly owned subsidiary Emmvee Energy Private Limited, has entered into a supply agreement with a domestic buyer. The agreement involves the supply of TOPCon crystalline silicon photovoltaic cells with a contracted offtake of 4.5 GWp. The execution period for this order is from December 2025 to 2030.
The agreement is categorized as a new order and is awarded by a domestic entity. There are no related party transactions involved in this agreement, and the promoter or promoter group does not have any interest in the entity awarding the contract.
The details of the agreement are in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the SEBI Circular dated July 13, 2023. The specifics of the agreement are outlined in the enclosed Annexure-1 of the filing.
Emmvee Photovoltaic Power Limited focuses on the development and supply of photovoltaic products and solutions. The company is engaged in expanding its market presence through strategic agreements and partnerships in the renewable energy sector. Emmvee aims to enhance its capabilities in producing advanced photovoltaic technologies to meet growing energy demands.