Stock Report

Zodiac Energy Ltd receives order for captive Solar PV Power Plant



Posted On : 2022-12-03 19:07:21( TIMEZONE : IST )

Zodiac Energy Ltd receives order for captive Solar PV Power Plant

Zodiac Energy Limited (Security Id / Symbol: 543416 / ZODIAC) (ZEL) has received an order of designing, construction, operation and maintenance of a ground mounted captive solar PV power plant (SPP) with an installed capacity of 3000 (Three Thousands) KWp (DC) and 2500 (Two Thousand Five Hundred) KW (AC) from the Company named IRM ENERGY LIMITED who is engaged in the city gas distribution services and avail solar power supply at its various CNG stations located in Banaskantha District in the state of Gujarat at the aggregate cost of Rs. 13.66 Crores.

ZEL is engaged in the business of providing Energy Solutions to their Customers including providing Captive Ground Mounted Solar PV Power Plants (SPP) of various capacity along with the related accessories and equipment on deferred payment basis linked with generation from Solar PV power plant (hereinafter referred to as the "SPP") and is willing to offer such services to IRM, adding one more milestone to our expansion.

Shares of Zodiac Energy Limited was last trading in BSE at Rs. 131.50 as compared to the previous close of Rs. 131.85. The total number of shares traded during the day was 7007 in over 551 trades.

The stock hit an intraday high of Rs. 134.30 and intraday low of 129.85. The net turnover during the day was Rs. 922532.00.

Source : Equity Bulls

Keywords

ZodiacEnergy INE761Y01019 OrderWin SolarPVPowerPlant IRMEnergy