Thursday Oct 30, 2025
Thursday, 30 October 2025 05:57 - - {{hitsCtrl.values.hits}}
WindForce PLC yesterday said that it has emerged as the lowest-cost bidder for Lot 1 of the 50MW Mullikulam Wind Power Project, marking a key milestone towards securing the contract for the large-scale renewable energy development.
The company said the formal award of the contract is still pending, but described the outcome as price-sensitive information, given its potential implications for future operations, material contracts, and long-term financial performance.
WindForce said further disclosures will be made following the official award, execution of agreements, or any other material updates connected to the tender.
The company added that the announcement includes forward-looking information based on current bidding results, which remain subject to final awarding procedures, regulatory clearances, and term negotiations, and should not be taken as confirmation of contract award.