Throughout Tuesday’s buying and selling session, the shares of a micro-cap firm engaged within the enterprise of execution of turnkey photo voltaic PV energy plant tasks surged practically 2.6 p.c to Rs. 38 on NSE, after receiving a piece order from the subsidiary of the Reserve Financial institution Of India (RBI) for Photo voltaic Energy Plant.
With a market cap of Rs. 73.8 crores, at 03:07 p.m., the shares of Agni Inexperienced Energy Restricted have been buying and selling within the inexperienced at Rs. 37.8, up by practically 2 p.c, as in comparison with its earlier closing worth of Rs. 37.05.
What’s the information
In line with the newest regulatory filings with the NSE, Agni Inexperienced Energy Restricted introduced receiving a piece order price practically Rs. 2.37 crores from Bhartiya Reserve Financial institution Word Mudran (P) Restricted (BRBNMPL), a wholly-owned subsidiary of Reserve Financial institution Of India (RBI).
The scope of the order consists of the design, provide, set up, commissioning, testing, and coaching for a 410 KW (AC capability)/460 KWP (DC capability) ground-mounted photo voltaic photovoltaic energy plant, and not using a battery financial institution (grid-interactive), at BRBNMPL Salboni.
The entire Photo voltaic Photovoltaic Energy Plant will probably be equipped, put in, and examined at varied areas inside 180 days (inclusive of weekly offs and holidays) from the date of the contract settlement or work order, as per the submitting.
Earlier Information
4th October 2024: Agni Inexperienced Energy secured a piece order, valued at round Rs. 4.1 crore, from Selco Basis, Bangalore, for the availability, set up, and commissioning & complete upkeep of Photo voltaic Photovoltaic (SPV) off-grid methods for five years at 108 well being centres throughout the state of Mizoram.
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Financials
Agni Inexperienced Energy reported a major progress in income from operations, experiencing a year-on-year improve of practically 13.3 p.c, rising from Rs. 14.3 crores in H1 FY24 to Rs. 16.2 crores in H1 FY25.
Equally, throughout the identical interval, the corporate’s internet revenue elevated from Rs. 0.12 crores to Rs. 0.15 crores, representing an increase of round 25 p.c YoY.
Concerning the firm
Agni Inexperienced Energy Restricted is engaged within the manufacture, sale and set up of photo voltaic photovoltaic (PV) energy vegetation, photo voltaic avenue lights, solar energy conditioning items and different photo voltaic merchandise like cost controllers, photo voltaic pump controllers, photo voltaic adaptors, photo voltaic mills, junction bins and many others. Moreover, the corporate gives EPC and O&M providers to shoppers.
It’s within the enterprise of execution of turn-key photo voltaic PV energy plant tasks, together with design, engineering, provide, set up & commissioning (I&C) and upkeep, for each stand-alone and grid-connected PV methods from the conceptualization to completion phases.
Written by Shivani Singh
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