Steamhouse India LimitedSTEAMHOUSENSE
Steamhouse wins ₹311 crore EPC and 25-year O&M mandate for Una steam and co-generation plant
As filed · Steamhouse India Limited has informed the Exchange about Bagging/Receiving of orders/contracts
BusinessImprovingMajormateriality 78 out of 100
What happened
FactSteamhouse India Limited was awarded the EPC, commissioning and comprehensive O&M contract for a 300 TPH Common Steam Plant with indicative co-generation capacity of 30 MW at Bulk Drug Park, Una, Himachal Pradesh. The contract is valued at ₹311 crore inclusive of GST, with EPC completion scheduled over 24 months and O&M continuing for 25 years after commissioning, subject to contractual conditions.
Why it matters
CapitSignal interpretationNew capacity spends capital now for volume later; the commissioning date is the commitment that can be checked against subsequent filings.
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Fact- Stated commissioning date
- Capital outlay and how it is funded
- Expected asset turns at full utilisation
Evidence
How CapitSignal classified this
- Reasoning:
- The award expands Steamhouse’s steam generation and distribution platform beyond Gujarat and adds a long-term O&M opportunity. However, the commercial framework includes an initial subsidised period, operating-cost-based consideration and a later revenue-sharing mechanism, while definitive agreements are still to be executed.
- Matched on:
- body text (weaker evidence than a subject match)
- Confidence in the event type:
- 50%