Crompton Greaves Wins ₹445 Crore Solar Rooftop Project in Andhra Pradesh

**Mumbai, October 24, 2025:** Crompton Greaves Consumer Electricals Limited (BSE: 539876, NSE: CROMPTON) has announced the receipt of a significant Letter of Award (LOA) from the **New Renewable Energy Development Corporation of Andhra Pradesh Ltd. (NREDCAP)** under the **PM – Surya Ghar Muft Bijli Yojana**. The ₹445.04 crore contract, excluding GST, involves the **engineering, procurement, and construction (EPC)** of **77.40 MWp grid-connected rooftop solar systems**. The scope includes **design, supply, installation, testing, commissioning, and operation & maintenance for five years**. The project will benefit **38,699 Scheduled Caste (SC) and Scheduled Tribe (ST) households** across five divisions of Andhra Pradesh — **Kovur, Tirupati Rural, Puttur, Chittoor (O), and Chittoor (R)**. Crompton will execute the project in approximately **six months** under a **utility-led aggregation CAPEX model** designed for APDISCOMs. The initiative aligns with the central government’s push for decentralized renewable energy adoption and social inclusion through subsidized rooftop solar schemes. The company confirmed that the award is **domestic in nature**, with **no related party involvement** and was obtained on an **arm’s length basis**. The disclosure was filed under **SEBI Regulation 30** by **Rashmi Khandelwal**, Company Secretary & Compliance Officer of Crompton Greaves Consumer Electricals Ltd. *The development reinforces Crompton’s expanding footprint in India’s clean energy transition and positions it as a key player in government-led solar infrastructure projects.* **Disclaimer:** This article is for informational purposes only and not a recommendation to buy or sell securities.