Gujarat Industries Power Company Ltd wins EPC contract

The Board of Directors of Gujarat Industries Power Company Limited, at its Meeting held on 03rd January, 2023, approved the award of EPC Contract to M/s. Bhimji Velji Sorathia Construction Pvt. Ltd. at the cost of Rs. 259.00 Crores (Rupees Two Hundred Fifty Nine Crores) approximately for Road, Drain and Pond Works of Solar / Wind / Hybrid RE Park of 2375 MW capacity at Khavda, Great Rann of Kutch area, Gujarat.

Letter of Intent has been issued to M/s. Bhimji Velji Sorathia Construction Pvt. Ltd. on 04th January, 2023.

Shares of Gujarat Industries Power Company Limited was last trading in BSE at Rs. 83.85 as compared to the previous close of Rs. 83.40. The total number of shares traded during the day was 9075 in over 210 trades.

The stock hit an intraday high of Rs. 84.35 and intraday low of 83.50. The net turnover during the day was Rs. 761186.00.

Source : Equity Bulls

Keywords

GujaratIndustriesPowerCompany INE162A01010 GIPCL ElectricUtilities OrderWin EPCContract