MSTC has signed an agreement with Kerala State Electricity Board to provide e-procurement services for their solar projects across the state. As part of the agreement, MSTC would be developing an online portal for KSEB.

However, the PSU major did not disclose other details such as order size and execution time. Shareholders would be keen to know the order size from MSTC, which reported a loss of ₹324.47 crore and revenues of ₹2,927 crore for FY19.