Trident Techlabs Wins ₹45 Lakh Order for Power Network Planning Solution
Team Finance Saathi
03/Mar/2025
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What's covered under the Article:
- Trident Techlabs awarded ₹45 lakh order by TP Northern Odisha Distribution Ltd for power network planning.
- The project focuses on reducing energy losses, improving power quality, and enhancing network reliability.
- The contract is to be executed within 30 days, ensuring timely implementation of the solution.
Trident Techlabs Limited, a leading technology solutions provider, has successfully secured a work order worth ₹45,14,298 from TP Northern Odisha Distribution Limited (TPNODL), a joint venture between Tata Power and the Odisha Government. The order, which focuses on specialized solutions for power network planning, aims to enhance the efficiency, reliability, and quality of power supply in the Odisha region.
This significant development was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in accordance with compliance requirements for NSE-listed companies. Trident Techlabs, with its expertise in power infrastructure solutions, will be responsible for delivering a cutting-edge power network planning system within 30 days from the issuance of the purchase order.
Scope of the Order and Project Details
The project involves providing a specialized solution for power network planning to achieve multiple critical objectives, including:
- Reduction of energy losses in the power network, ensuring optimal efficiency in electricity distribution.
- Improvement of power supply quality to meet the growing demand for reliable electricity.
- Minimization of the impact of electrical faults, ensuring a more stable and resilient power grid.
- Enhancing network reliability, ensuring consumers receive uninterrupted and high-quality power supply.
This initiative is part of TPNODL’s broader strategy to modernize power distribution networks in Odisha. As a joint venture between Tata Power and the Odisha Government, TPNODL is committed to enhancing the state’s energy infrastructure with advanced power distribution solutions.
Financial Details and Execution Timeline
The total contract value stands at ₹45,14,298 (including 18% GST), reinforcing Trident Techlabs’ growing role in the power sector. The execution timeline is set at 30 days, ensuring a swift and effective implementation of the network planning solution.
Trident Techlabs has assured stakeholders that it is well-equipped to execute this project efficiently, leveraging its cutting-edge technology and expertise in power network analysis and optimization.
Transparency and Compliance
The disclosure clarifies that:
- Trident Techlabs’ promoters and group companies have no financial interest in TPNODL, ensuring that the order is awarded on a merit-based evaluation.
- The contract does not fall under related party transactions, meaning it was secured in the normal course of business and meets strict regulatory compliance.
Trident Techlabs' Role in Power Infrastructure Solutions
Trident Techlabs Limited has been at the forefront of power infrastructure technology solutions in India. The company specializes in network planning, power optimization, and smart grid solutions, helping utilities improve efficiency, reliability, and sustainability in power distribution.
Winning this contract further strengthens Trident Techlabs' position as a trusted technology partner in the power sector. The company’s expertise in advanced analytics and simulation technologies enables it to provide innovative solutions for grid stability and energy efficiency.
Future Prospects and Growth
The award of this contract signifies Trident Techlabs’ expanding influence in India’s power distribution sector. With the increasing demand for smart and efficient power grids, the company is well-positioned to take on more high-value projects in the future.
By partnering with leading power distribution companies such as TPNODL, Trident Techlabs continues to drive innovation in power network planning, ensuring that electricity distribution systems become more efficient, reliable, and resilient.
This latest development is a testament to the company's expertise in power network analysis, fault minimization, and efficiency improvement. As the demand for modern energy solutions grows, Trident Techlabs remains committed to delivering state-of-the-art solutions that enhance power supply quality across India.
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