Surana Telecom and Power Ltd awarded 8 LOAs for 51.3 MW solar projects

Surana Telecom and Power Limited has been awarded eight Letters of Award (LOAs) aggregating to a total allocated capacity of 51.3 MW for the implementation of Grid-Connected Solar PV-Based Power Plants (SPP) under the Surya Mitra Krishi Feeders Scheme, with feeder solarization under the PM KUSUM-C Scheme, for the sale of power to Madhya Pradesh Power Management Company Limited (MPPMCL))/ M.P. Urja Vikas Nigam Limited (a Govt. of MP Enterprise).

The projects involve an envisaged total investment of approximately Rs. 175 crores (Rupees One Hundred Seventy-Five Crore Only) and will be executed in the State of Madhya Pradesh.

Shares of Surana Telecom and Power Limited was last trading in BSE at Rs. 20.22 as compared to the previous close of Rs. 19.88. The total number of shares traded during the day was 4443 in over 84 trades.

The stock hit an intraday high of Rs. 20.31 and intraday low of 19.50. The net turnover during the day was Rs. 89536.00.

Source : Equity Bulls

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SuranaTelecomandPower INE130B01031 LOAs OrderWin