POWERICA : WINS 50 MW WIND POWER LOI FROM GUVNL

• Letter of Intent received from Gujarat Urja Vikas Nigam Limited (GUVNL) for supply of power from a 50 MW wind power project in Gujarat • Tariff fixed at ₹3.51/kWh for 25 years under LoI ref GUVNL/RE/Wind/Phase XI/1670 dated October 19, 2026 • Project to be commissioned within 24 months from the date of the Power Purchase Agreement • PPA to be executed within 15 business days from adoption of tariff by GERC • Domestic order; no order value disclosed in the filing

Powerica Ltd

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