KRYSTAL

KRYSTAL INTEGRATED — ASSOCIATE CO WINS Rs 138 Cr ROOFTOP SOLAR CONTRACT FROM MAHARASHTRA GOVT ☀️🏥🇮🇳** • 🎯 Order: Advait Krystal Solar Energy SPV (49% associate of Krystal) wins Rs 138 Cr BOOT contract from DMER — Rooftop Solar PV Systems at Government Hospitals & Medical Colleges across Maharashtra • 🔧 Scope: Design, Engineering, Supply, Installation, Testing, Commissioning + Operation & Maintenance for 25 years on Power Grid Connected basis • 💰 Krystal's Share: 49% stake in associate — proportionate benefit of ~Rs 67.6 Cr over contract life • ⏳ Duration: 25-year BOOT model — long-tail annuity-like revenue stream 🟢 Impact: Positive 25-year BOOT model provides highly predictable long-duration revenue from a government client (zero counterparty risk); solar + healthcare infrastructure is a high-visibility segment; BOOT model means Krystal builds & owns the asset — recurring O&M cash flows for 25 years is a strong value creator for a small-cap company