This is to inform you that, the Board of Directors of the Company, at its Meeting held on 03rd January, 2023, inter alia, approved the award of EPC Contract to M/s. Bhimji Velji Sorathia Construction Pvt. Ltd. at the cost of Rs. 259.00 Crores (Rupees Two Hundred Fifty Nine Crores) approximately for Road, Drain and Pond Works of Solar / Wind / Hybrid RE Park of 2375 MW capacity at Khavda, Great Rann of Kutch area, Gujarat.Letter of Intent has been issued to M/s. Bhimji Velji Sorathia Construction Pvt. Ltd. on 04th January, 2023.