Prostarm Info Systems Ltd receives LOI from Bihar State Power Generation Company Ltd

Prostarm Info Systems Limited has received a LOI from 'Bihar State Power Generation Company Limited' on June 16, 2025 for setting up of 30MW/120 MWh standalone Battery Energy Storage System (BESS) at rental of Rs. 4.44 lacs/MW/Month (i.e. yearly rental of Rs. 15.98 Crores on 30MW/120 MWh) under Tariff Based Competitive Bidding (TBCB) mode at different GSS location of BSPTCL in Bihar with Viability Gap Funding (VGF) Support under BOOT model for 12 Years.

Shares of Prostarm Info Systems Limited was last trading in BSE at Rs. 113.20 as compared to the previous close of Rs. 114.60. The total number of shares traded during the day was 39998 in over 297 trades.

The stock hit an intraday high of Rs. 114.00 and intraday low of 111.05. The net turnover during the day was Rs. 4515223.00.

Source : Equity Bulls

Keywords

ProstarmInfoSystems INE0BX301013 ElectricalEquipment LOI BiharStatePowerGenerationCompany BESS