Techknowgreen Solutions Limited announced that it has secured a substantial work order valued at approximately 41 million rupees (₹4.095 crore) from Remal Alcast Private Limited. The contract entails the supply and installation of 13 specialized air pollution control units designed to mitigate fugitive dust emissions at the customer's manufacturing facility.
Contract Scope and Yuka Yantra Deployment Details
According to official regulatory disclosures submitted to stock exchanges, Techknowgreen Solutions Limited has been commissioned to execute an industrial environmental compliance project. The agreement requires the supply and installation of 13 units of the proprietary "Yuka Yantra" air pollution control system, priced at 3.15 million rupees per unit.
The total consideration for the contract stands at 40,950,000 rupees, excluding applicable Goods and Services Tax (GST). The project targets fugitive dust emissions—airborne particulate matter generated during heavy industrial processing, material handling, and loading operations—enabling industrial operators to meet stringent regulatory standards.
Execution Timeline and Corporate Disclosures
Under the strict terms of the agreement, the project is scheduled for complete execution within 30 days from the date of receiving the purchase order. Payment terms stipulate that the client must clear invoices within 15 days of issuance.
Company leadership confirmed that the transaction is categorized as an arm's-length domestic commercial agreement. Neither Techknowgreen’s promoters nor its promoter group entities hold any financial interest in Remal Alcast Private Limited, ensuring full compliance with corporate governance standards.
Impact on Environmental Compliance and Stakeholders
The contract reinforces Techknowgreen's market position within the specialized environmental engineering and industrial pollution abatement sector.
Industrial Manufacturers: Advanced dust mitigation systems assist industrial plants in complying with environmental regulations while improving ambient workplace air quality.
Investors: Short-term execution timelines and steady contract inflows contribute directly to the company's near-term revenue pipeline and expanding order book.
Official Sources Section
Quote Section
"According to officials, the work order awarded by Remal Alcast for the deployment of 13 Yuka Yantra air pollution units underlines the growing corporate demand for specialized fugitive dust mitigation systems."
Why It Matters
The acquisition of the 41 million rupee contract highlights the rising priority manufacturers place on environmental compliance and air quality management. By deploying targeted technological solutions like the Yuka Yantra within a strict 30-day window, Techknowgreen demonstrates operational agility in addressing industrial pollution challenges.
Key Facts at a Glance
Contract Value: ₹4,09,50,000 (excluding GST).
Client: Remal Alcast Private Limited.
Project Scope: Supply and installation of 13 Yuka Yantra air pollution units for fugitive dust emission control.
Execution Timeline: Within 30 days of receiving the purchase order.
Payment Terms: Within 15 days from the date of invoice.
FAQ Section
1. What is the total value of the work order awarded to Techknowgreen Solutions?
The work order is valued at ₹4,09,50,000 (excluding GST), awarded by Remal Alcast Private Limited.
2. What equipment or technology is being deployed under this contract?
The project involves the supply and installation of 13 units of the Yuka Yantra system designed to control fugitive dust emissions.
3. What is the scheduled completion timeline for the project?
The project must be fully executed within 30 days from the receipt of the purchase order.
4. Where are these corporate contract disclosures officially filed?
The updates are filed and publicly available through regulatory disclosures on the Bombay Stock Exchange (BSE).
Source: Techknowgreen Solutions Corporate Disclosures, National Stock Exchange of India, Bombay Stock Exchange