Ircon International Ltd wins bid to set up 500 MW solar power plant

Ircon International Limited (IRCON) has won a bid to set-up 500 MW solar power plant through e-Reverse auction with a Viability Gap Funding (VGF) of RS.224.70 Crore under CPSU Scheme-II floated by Indian Renewable Energy Development Agency (IREDA). The approximate cost of the project is Rs.2400 Crore.

Shares of IRCON International Ltd was last trading in BSE at Rs. 44.55 as compared to the previous close of Rs. 43.6. The total number of shares traded during the day was 293649 in over 1675 trades.

The stock hit an intraday high of Rs. 44.95 and intraday low of 43.75. The net turnover during the day was Rs. 13096512.

Source : Equity Bulls

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