Latest Order News: 3 companies got big orders, action seen in stocks:

News Topical, Digital Desk : Latest Order News: On Monday, 3 major companies Vikram Solar, SPML Infra Ltd and ACME Solar received big orders, due to which their stock market saw a rise.

Vikram Solar has received a large order of 336 MW high efficiency solar modules from L&T Construction. These modules will be installed in the Khavda area of Gujarat. The company will supply its latest Hypersol G12R modules, which are based on N-type technology

These modules have up to 80% bifacial, better performance at high temperatures and a failure rate of less than 0.4% per year. This will reduce the cost of solar power and make it more affordable. Vikram Solar Chairman and Managing Director, Gyanesh Chaudhary said that the Khavda region has immense potential for solar energy and this project will play an important role in capitalizing on this opportunity.

ACME Solar has received an order for 2 gigawatt hours of battery energy storage systems (BESS) from Chuzhou Lishen New Energy Technology Co., Ltd, which will be delivered phase-wise over the next 6 to 10 months. This battery will be used in energy security projects.
SPML Infra Ltd has received a project worth about ₹1,438 crore under the Jal Jeevan Mission in Bharatpur, Rajasthan. This includes construction of water supply infrastructure and operation and maintenance for 10 years. Abhinandan Sethi, Managing Director of SPML Infra, described this important project as a partnership with the government and said that it will provide safe drinking water to more than 1.5 million people and our trust in the government is reflected in this.

In the stock
market on Monday, Vikram Solar shares were trading 5.81% higher at ₹ 341.60, while ACME Solar Holdings shares were up 4.39% at ₹ 309.30, while SPML Infra Ltd shares fell 0.65% to ₹ 290.55. These large orders are important for these companies to build confidence and growth in the market, which will overall boost their business and shareholder values.