TCM Limited, formerly known as Travancore Chemical & Mfg. Co. Ltd., has secured a significant work order from Mahindra Holidays and Resorts India Limited for the **design, supply, installation, and commissioning of a 250 KWp grid-connected solar power plant at Club Mahindra Resort, Poovar, Kerala. The order, valued at Rs. 1.05 crore, was awarded under Order No. 3000010931 dated 12th December 2024.

Key Terms of the Order

• Delivery timeline: The work is expected to be completed within 60 days from the date of the order.
• Generation guarantee: 3.7 units per KW annually.
• Warranty:
  • Solar panels: 10 years (Panel warranty) and 25 years (Performance warranty with 90% for the first 12 years and 80% for the remaining 13 years).
  • Solar on-grid inverters: 7 years.
  • MMS Module Aluminium structure: 2 years.
• Payment terms:
  • 20% on complete materials delivery at site (including GST).
  • 75% on completion with Net Metering Live and certification from the Electricity Board.
  • 5% Retention for two years.
  • Loading, unloading, and freight costs included in the project cost.

Project Details

The order represents a major solar power initiative for Mahindra Holidays, aligning with the company’s goals to expand its renewable energy infrastructure. With the Poovar resort being one of Mahindra’s prime locations, this project reflects a commitment to sustainability and operational excellence.

TCM Limited's Role

TCM Limited has extensive experience in the solar power industry, and this work order further solidifies its position in the market. The company’s factories are located in Mettur Dam, Tuticorin, and Kalady, and the project will be executed domestically with no involvement in related-party transactions.

This work order is a significant addition to TCM Limited's portfolio and demonstrates the company’s capabilities in executing large-scale renewable energy projects.

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