desk
Share
News Topical, Digital Desk : Hazoor Multi Projects informed after the stock market closed on Friday that the company has received an order of Rs 913 crore. The company said that this order is more than the company's current market capitalization of Rs 866 crore . The company said that it has received a Letter of Award ( LoA ) from Apollo Green Energy Limited ( formerly Apollo International Ltd) for a 200 MW grid-connected solar photovoltaic ( PV) project . The project has been given under an EPC ( engineering, procurement and construction ) contract , which includes design, supply, construction , testing and commissioning . The company said that this 200 MW solar power plant will be installed at GSECL 's Renewable Energy Solar Park located at Khavda (Stage-3), Gujarat . The entire project is to be completed by March 2026.
what the company said
" Hazoor Multi Projects Limited has received Letter of Award ( LOA) from Apollo Green Energy Limited . The LOA relates to design, engineering, supply, construction, installation , testing and commissioning of 200 MW solar power project of NHPC. The work will be carried out at GSECL 's RE Solar Park at Khavde (Stage-3), Gujarat . The total cost of the project is Rs 913 crore , " the company said in an exchange filing .
Stock Performance
On Friday, the company's stock closed at Rs 39.67 with a gain of 1.28 percent. In the last one year, the company's stock has seen a gain of 16.03 percent.
Read More: Stock Split News: After the announcement of stock split, this defense stock rose sharply by 10%
--Advertisement--
