Rajesh Power Services Ltd receives LoI from GUVNL

Rajesh Power Services Limited has received Letter of Intent from Gujarat Urja Vikas Nigam Limited (GUVNL) for the development of 65 MW / 130 MWh Standalone Battery Energy Storage System (BESS) at Virpore in Gujarat under Tariff-Based Competitive Bidding (Phase -VII) with Viability Gap Funding supported through Power System Development Fund (PSDF).

The aforesaid Letter of Intent has been received in the normal course of business.

Shares of Rajesh Power Services Limited was last trading in BSE at Rs. 1057.15 as compared to the previous close of Rs. 1055.70. The total number of shares traded during the day was 26800 in over 219 trades.

The stock hit an intraday high of Rs. 1078.00 and intraday low of 1051.00. The net turnover during the day was Rs. 28577260.00.

Source : Equity Bulls

Keywords

RajeshPowerServices INE0VN801010 LoI GUVNL