TCM Limited announced that company has received the following work order, DT. June 6, 2023 from Agency for New and Renewable Energy Research and Technology (ANERT), Department of Power, Government of Kerala. Significant terms and conditions of: A tripartite agreement has to be executed within order(s)/contract(s) awarded in brief 7 days of receipt of the work order for fulfillment of the contract along with a security deposit of INR 732,825/- being 3% of contract value of INR 24,427,352/-.

100-200 kw work is to be completed within 40 days. Upon delivery of major components at the respective sites, 60% of contract value will be released, on completion of installation and testing of the plant, 20% of contract value will be release as second part. On commissioning, 10% of remaining contract will be released.

Final 10% will be retained as performance security and will be released upon completion of the term. 3% security deposit will be released on completion of supply, installation and commissioning. Ten years warranty should be provided by supplier for the system and components or parts.

Whether order(s)/contract(s) have been awarded Domestic Entity by domestic/international entity. Nature of Order(s)/contract(s), Work Order, Whether domestic or international, Domestic, Time period by which the order(s)/contract(S) is to be executed, 100-200 kw work are to be completed within 40 days., Broad consideration or size of the order(s)/contract®?), 160 kw- INR 8,972,754/- one work order at LBS College of Engineering, Poojappura, 140 kw-INR 7,848,224/- one work order at Regional Institute of Opthalmology, Kunnukuzhy, 135 kw-INR 7,606,374/- one work order at Govt. Ayurveda College Campus., Total 435 kW at five locations- INR 24,427,352.