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MIC Electronics Ltd has informed BSE that the company has received a letter of award for supply of 20,000 standalone off-grid solar LED street lights with a contract price of Rs 32.85 crore.
This is an initial release against the total quantity of 80,000 expected from EESL in due course. The balance contract value expected is to the tune of Rs 98.56 crore.
The company had on October 27, 2016, said it had received a letter of intent from EESL for the design, manufacture, supply, erection, testing and commissioning of Standalone Off Grid Solar LED street lights.
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