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Teerth Gopicon Limited (TGL), a small-cap company specializing in engineering construction and development, has recently secured significant contracts, bolstering its order book to over ₹1,300 crore.
Key Contracts:
Jaipur Vidyut Vitaran Nigam Limited (JVVNL): TGL received a Letter of Intent for designing, supplying, installing, and maintaining 39.40 MW of grid-connected solar power plants under the PM-KUSUM Scheme. The project includes a 25-year operation and maintenance period post-commissioning.
NHPC Limited: The company secured a contract valued at approximately ₹2.99 crore for developing rooftop solar power projects in Uttar Pradesh and Uttarakhand. This project entails a 9-month execution phase followed by a 5-year comprehensive maintenance period.
These contracts reflect TGL's growing presence in the renewable energy sector and its commitment to contributing to India's sustainable energy initiatives. Investors are advised to monitor TGL's stock performance, as the successful execution of these projects could positively influence the company's financial standing and market valuation.