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Gensol Engineering Ends 7% Higher on Securing Contract Worth Rs31.75cr

Gensol Engineering Ends 7% Higher on Securing Contract Worth Rs31.75cr

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The Client intends to develop 9730 kWp (+/- 10%) Grid Connected Ground Mounted Solar Power Generation System.

Gensol Engineering Limited has received a work order from the one of their reputed clients towards develop 9730 kWp (+/- 10%) Grid Connected Ground Mounted Solar Power Generation System at different factory locations for the fixed lump-sum Contract Price of Rs31,75,00,000.00 (Indian Rupees Thirty-One Crore and Seventy-Five Lakhs Only) exclusive of taxes.

“The Client intends to develop 9730 kWp (+/- 10%) Grid Connected Ground Mounted Solar Power Generation System different factory locations and shall be completed on or before 15th December, 2021 at an envisaged cost of Rs. 31,75,00,000.00 (Indian Rupees Thirty-One Crore and Seventy-Five Lakhs Only) exclusive of taxes”, said company in a regulatory filing.

Gensol Engineering ended at Rs78 per piece higher by 6.85% on Sensex.

Source : indiainfoline

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Anand Gupta Editor - EQ Int'l Media Network