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News Topical, Digital Desk : Big Order: The company whose share kept falling throughout the year has received a big order. Due to this, action can be seen in the stock of the company as soon as the share market opens on Monday, 29 December. Solarworld Energy Solutions Limited has received a big EPC package from NTPC Renewable Energy Limited. The company has received the Letter of Award for developing a grid connected solar photovoltaic project. The capacity of this project has been fixed at 250 MWac and this order is considered to be a significant addition to the order book of Solarworld.
Order worth Rs 725 crore
According to the company, this contract is worth approximately Rs 725.33 crore including taxes. This is a completely domestic order. Regulatory disclosures state that the project involves complete end-to-end work including engineering, procurement and construction. The project is scheduled to be completed during the financial year 2026 to 2027. Solarworld has clarified that neither the promoter nor any entity of the promoter group has any interest in NTPC Renewable Energy in this transaction. Hence, this deal does not fall under the category of related party.
Solarworld Energy Share Price Talking about Solarworld Energy share price, on Friday, 26 December, the company's share closed at Rs 264.70 with a decline of 2.65 percent. The stock has fallen 2.63% in 5 days, 11.66% in 1 month, 18.18% in 6 months, and has seen a decline of over 18.18% in the current year so far. The stock has declined 20.86% in 5 years.
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