Shares of Ceigall India Ltd rallied greater than 4% on 6 October after the corporate introduced securing two photo voltaic plant constructing orders totalling Rs 1,309 crore from Maharashtra State Electrical energy Distribution enterprise.
The corporate acquired a Letter of Award (LoA) from Maharashtra State Electrical energy Distribution Co. for a solar energy developer (SPD) for photo voltaic photovoltaic energy producing stations with an mixture capability of 147 MW (AC) beneath the Mukhyamantri Saur Krushi Vahini Yojana 2.0 Scheme, for the institution of grid-connected solar energy tasks in two districts of Maharashtra.
The mission’s EPC price is Rs 597 crore, which incorporates working, sustaining, and supplying energy for 25 years beneath a long-term PPA.
Furthermore, the corporate has additionally acquired a letter of authorisation from Maharashtra State Electrical energy Distribution Co for SPD for photo voltaic photovoltaic energy producing stations with an mixture capability of 190 MW (AC) beneath the Mukhyamantri Saur Krushi Vahini Yojana 2.0 Scheme, to determine grid-connected solar energy tasks in 4 districts of Maharashtra. The EPC price is R. 712.16, which incorporates working, sustaining, and supplying energy for 25 years beneath a long-term PPA.
Earlier, on 30 September, the corporate acquired a Letter of Intent (9LoI) from Himachal Pradesh State Industrial Constructing Company Restricted (HPSIDC) for the constructing of a bulk drugs park in Una District for Rs 225 crore.
At 12:40 pm, the shares of Ceigall India had been buying and selling 2.30% decrease at Rs 266.60 on NSE.
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