Gujarat Industries Power Company Limited allots Land for development of 2375 MW Renewable Energy Park at Village Khavda, District Kutch, Gujarat

The District Collector, Kutch, Gujarat has vide. Letter dated 07/12/2020 approved the allotment of land to Gujarat Industries Power Company Limited admeasuring 4750 HA for development of 2375 MW Renewable Energy Park (i.e. Wind / Solar / Wind-Solar Hybrid) at Village Khavda, District Kutch, Gujarat, for a period of 40 years on leasehold basis, and barring unforeseen circumstances, with the scheduled completion of at least 50% of the total capacity within a period of three (3) years and 100% completion of total capacity within a period of five (5) years.

Shares of GUJARAT INDUSTRIES POWER CO.LTD. was last trading in BSE at Rs.77.6 as compared to the previous close of Rs. 77.25. The total number of shares traded during the day was 73264 in over 1401 trades.

The stock hit an intraday high of Rs. 81 and intraday low of 77. The net turnover during the day was Rs. 5784143.

Source : Equity Bulls

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