Jhaveri Credits & Capital has received a letter of intent on August 21, 2026, from the Gujarat Energy Development Agency (GEDA) for a solar rooftop project. According to reports from Business Standard, the contract involves supply, installation, commissioning and 10 years comprehensive maintenance contract (CMC) of solar rooftop systems for government buildings in Gujarat during the 2026-27 financial year. The project is subject to security deposit as per the tender terms and conditions.
The contract is valued at ₹10.65 crore, as reported by Business Standard. This represents a significant contract win for Jhaveri Credits & Capital in the renewable energy sector, particularly in the solar rooftop segment for government infrastructure projects in Gujarat.
The comprehensive contract encompasses the complete lifecycle of solar rooftop systems for government buildings in Gujarat. As reported by Business Standard, the project includes supply, installation, commissioning, and a 10-year comprehensive maintenance contract (CMC). This long-term maintenance component ensures ongoing revenue streams for the company over the project duration.
