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PURCHASE ORDER Page No:1of 5

Nabha Power Limited PO NO. :NPL/47000-15881
Nabha Power Limited PO Date : 21.03.2025
P O BOX 28 Nr Village Nalash Dist Patiala Contact Person : Bajrang Lal
Rajpura 140401 Punjab India Contact Telephone : 84277-56955
Telephone: Telefax: Contact Email : Bajrang.lal@larsentoubro.com

To, YOUR REFERENCE PRICING & TAXATION:

VENDOR CODE: 104410 [PDL Domestic vendors] Please refer details in Annexure I.
VENDOR NAME/POSTAL ADDRESS TERMS & CONDITIONS
Saatvik Green Energy Limited OUR REFERENCE Please Refer details in annexure #II
Vill. Dubli, V.P.O Bihta Tehsil Ambala, PAYMENT TERMS:
Ambala Haryana 133101 PDL - Payment within 60 days.
Haryana India
Telephone: +91 7757839507 Telefax:
ATTN:Mr. Chandra Prakash Yadav
Email ID:cp.yadav@saatvikgroup.com
Please arrange to provide the goods / services described below strictly as per terms and conditions mentioned in this Purchase Order and its enclosure/s.

GENERAL DESCRIPTION CURRENCY TOTAL VALUE (PRICE)

EPC Contract of 5MW Solar Photovoltaic Grid interactive power station followed by 1-year O&M services for Nabha INR 212,616,000.00
Power Limited (NPL), Rajpura Twenty One Crore Twenty Six Lakh Sixteen
Thousand only.

Kindly send all your correspondence regarding this order in duplicate. All items and conditions below and on the reverse are to be strictly complied with.
DESPATCH DETAILS: For details refer enclosures. Materials to be dispatched only after receiving Dispatch Clearance from Nabha Power Limited if applicable as per T&C
mentioned in Payment Terms Clause.

NPL GSTIN NO :03AACCN5223H1ZW NPL PAN NO : AACCN5223H VENDOR PAN NO : AAVCS8142B VENDOR GSTIN : 06AAVCS8142B1Z6
DOCUMENTATION :
BILLING : For details refer enclosure. Bill/Invoice submitted against this Purchase Order must contain Purchase Order number and date,Purchase Order Item No. and Vendor Code.
Bill/ Invoice to be submitted at the time of delivery along with all the documents specified under DOCUMENTATION as above.

Shipping Instructions :

Invoicing Instructions :

Nabha Power Limited

Issued by Authorized Signatory on
28.03.2025
Please give acceptance confirmation within (7) SEVEN days to the contact person indicated above. In event of non-receipt of acknowledgement within stipulated period of (7)
SEVEN days, it shall be considered as deemed acceptance.
THIS IS A COMPUTER GENERATED PURCHASE ORDER. NO SIGNATURES ARE REQUIRED.
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PURCHASE ORDER
Nabha Power Limited ANNEXURE - I
Page No:2 of 5
Enclosure to PO No. NPL/47000- 15881/ Dated 21.03.2025

Item Material/ Service Code Material / Service Description HSN Code Total PO Quantity Unit Rate / Unit Item Total Value Scheduled Delivery
No Cost Code Cost Code Description (INR) (INR) Quantity Date
10 EPC OF 5 MW (AC) SOLAR PV PLANT 9954 1.000 17.07.2025

10. Erection, Installation & 1.000 AU 9225000.00 9,225,000.00 1.000

Commissioning

IN:IGST Input-ND 18.00%

.
20 N401318000135 SOLAR PV MODULES 85023990 1 LOT 129150000.00 129,150,000.00 1.000 17.07.2025

Solar PV Modules GST Input 12% IGST -Non 144,648,000.00

15,498,000.0
ALMM module; Make- Saatvik Deductible 0
Model: Bifacial N-TOPCon 144 Cells
. (Dual Glass)-580 Wp
30 N401318000136 SOLAR - BALANCE OF SYSTEM 85030010 1 LOT 46125000.00 46,125,000.00 1.000 17.07.2025

BALANCE OF SYSTEM FOR GST Input 18% IGST -Non 54,427,500.00

SOLAR PV PLANT MUST 8,302,500.00
INCLUDE (NO T LIMITED TO):1. Deductible
MODULE MOUNTING
STRUCTURE AND FRAMES .2.
SOLAR INVERTER3. ARRAJ
JUNCTION BOXES4. LT P ANEL
S / ACDBS5. ENERGY METERS6.
CABLES & WIRES7. PROTECTI
ON SYSTEMS(LIGHTNING,
SURGE, EARTHING &
BALANCE OF SYSTEM FOR
SOLAR PV PLANT INCLUDE BUT
NO
T LIMITED TO:
1. MODULE MOUNTING
STRUCTURE AND FRAMES
2. SOLAR INVERTER
3. ARRAY JUNCTION BOXES
4. LT PANELS / ACDBS
5. ENERGY METERS
6. CABLES & WIRES
7. PROTECTION
SYSTEMS(LIGHTNING, SURGE,
L.C.: 26.03.2025 183228 Our Reference :
THIS IS A COMPUTER GENERATED PURCHASE ORDER. NO SIGNATURES ARE REQUIRED.
.

PURCHASE ORDER
Nabha Power Limited ANNEXURE - I
Page No:3 of 5
Enclosure to PO No. NPL/47000- 15881/ Dated 21.03.2025

Item Material/ Service Code Material / Service Description HSN Code Total PO Quantity Unit Rate / Unit Item Total Value Scheduled Delivery
No Cost Code Cost Code Description (INR) (INR) Quantity Date
EARTHING & GRID ISLANDING)
8. CIVIL WORKS
9. ON LINE DATA LOGGER AND
REMOTE MONITORING UNIT
10. TOOLS, MEASURING
INSTRUME NTS AND SPARES
11. MANDATORY and
COMMISSIONING SPARES
12. ANY OTHER THING
REQUIRED TO CONSTRUCT AND
. MANTAIN THE SOLAR PV
40 O&M SERVICES FOR 1ST YEAR 998599 1.000 31.07.2026

Operation & Maintenance of Solar

power Project
10. O&M Services for 1st year 12.000 MON 187500.00 2,250,000.00 12.000

IN:IGST Input-ND 18.00%

.

L.C.: 26.03.2025 183228 Our Reference :

THIS IS A COMPUTER GENERATED PURCHASE ORDER. NO SIGNATURES ARE REQUIRED.
.

PURCHASE ORDER
Nabha Power Limited ANNEXURE - I
Page No:4 of 5
Enclosure to PO No. NPL/47000- 15881/ Dated 21.03.2025

Summary:
Total Gross Price 186750000.00
Total IN:IGST Input-ND 25866000.00

Total Value (Rounded off to) : INR 212,616,000.00

Nabha Power Limited

Issued by Authorized Signatory on
28.03.2025

L.C.: 26.03.2025 183228 Our Reference :

THIS IS A COMPUTER GENERATED PURCHASE ORDER. NO SIGNATURES ARE REQUIRED.
.

PURCHASE ORDER
Nabha Power Limited ANNEXURE -II
Page No: 5 of 5
Enclosure to PO No. NPL/47000- 15881/ Dated 21.03.2025

1.0 Header Note:

1. References:

1.1. NPL Bid Document ref: NPL/PROC/2024-25/10 Rev No. 0 dated: 24th August 2024 including all addenda, corrigenda, and clarifications hereinafter referred to as "Bid
Document".
1.2. Your offer submitted in physical form dated: 10th October 2024 and clarifications submitted thereafter vide various emails dated: 28th October 2024, 06th November
2024, 07th November 2024, and 15th November 2024.
1.3. Your final offer dated: 15th February 2025.
1.4. MOM between SGEL & NPL dated: 17th February 2025.
1.5. Our LOA ref. NPL/PRO/SG/OM/250217/79 dated: 17th February 2025.
1.6. This Purchase Order Ref No. 4700015881 dated: 21st March 2025.

1.7. Abbreviations:
1.7.1. Reference to "NPL" shall mean "Nabha Power Limited"
1.7.2. Reference to "Contractor" or "Bidder" or "SGEL" shall mean "M/s Saatvik Green Energy Limited".

1.8. The PO is to be read in conjunction with final Bid Document including all its addenda, corrigenda and clarifications. In case of any conflict in interpretation of the
terms & conditions of this contract, the provisions of the Bid Document will be treated as final.

2. Effective Date and Period of the Contract:

2.1. Effective Date: The effective date of the Contract will be the date of issuance of the LOA.
2.2. Period of Contract: The period of the Contract for Project execution is 17th July 2025 and thereafter One (1) year of Operation and Maintenance period for the Project.

3. NPL Representatives:
3.1. For Contract Management and Billing / Payment related coordination: Mr. Bajrang Lal Kaswan.
3.2. For PO and tender terms related coordination: Mr. Vikram Shoun/ Ms. Pushpam.

4. Payment Terms:
4.1. The payment for EPC Contract value shall be released on a milestone basis subject to submission of Performance Bank Guarantee in accordance with the Contract.
4.2. The invoicing for O&M Services shall be raised on a quarterly basis.
4.3. The payment against the undisputed invoices shall be released within 30 days from the date of receipt of invoice complete in all respects along with the related
documents as applicable.

5. Terms & Conditions: The terms & conditions of this PO shall be as per Bid Document Ref. NPL/Proc/24-25/10 Rev No. 0 dated: 24th August 2024 including all its addenda,
corrigenda and clarifications.

L.C.: 26.03.2025 183228 Our Reference :

THIS IS A COMPUTER GENERATED PURCHASE ORDER. NO SIGNATURES ARE REQUIRED.