BeSec/2016 August 10, 2016
(t) BGRE N E RGY
BGR ENERGY SYSTEMS LIMITED
443 ANNA SALA!, TEYNAMPET, CHENNAI 600018 INDIA TEL: 91 44 24301000 FIX: 91 44 24360576
E-mail: compliance@bgrenergy.com Web site: www.bgrcorp.com
The Manager, Listing Department
National Stock Exchange ofIndia Limited Exchange Plaza, Bandra Kurla Complex Bandra (E), Mumbai - 400051
The Manager,
Department of Corporate Services BSE Limited
P.J. Towers, Dalal Street Mumbai - 400 001
NSE Sym bol :BG REN ERGY BSE Scrip Code -532930Dear Sirs,
Sub : Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015
1
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosre Requirements) Regulations, 2015, we wish to inform you that the contract for a value of Rs. 1901.57 Crores with Damodar Valley Corporation ("DVC") for suppl'>'1 of 2 x 660 MW Steam Generator ("SG") package by the Company for Raghunath ur
Thermal Power Project, Phase - II has been terminated. I
The customer - DVC has now confirmed that the power project RTPS Phase -II., for which the SG package were to be supplied,will not be executed and hence short closed the contract with the Company by exercising the right of termination for "Employer's convenience". Consequently, the Company has struck-off the contrract from the order book and is initiating steps for recovery of cost and certain payments and settlement in terms of the contract.
REGISTERED OFFICE :
A- 5 PANNAMGADU INDUSTRIAL ESTATE, RAMAPURAM POST, SULURPET TALU K, NELLORE DISTRICT, ANDHRA PRADESH 52440 I !NOIA.ITEL: 9 1 44 27948249
Corporate Identity Number: L40 I06AP 1985PLC0053 18 [
BGRE N E RGY
Consequent to the termination of this contract the current order book value of the Company is Rs. 5461 Crores.
Kindly take the above information on record. Thanking you,
Yours faithfully,
for BGR Energy Systems Limited
umar
orporate & Secretary
BGR Energy Systems Limited published this content on 11 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 11 August 2016 05:52:02 UTC.
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