Ad-Manum Finance Ltd executes PPA with MSEDCL for power sale from windmill

AD-MANUM FINANCE LIMITED has executed the Power Purchase Agreement with the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for sale of power generated by the Company through its Windmill.

0.60 MW of wind power project located at W-24, Village Shailkewadi, District Sangli, Maharashtra will be sold at INR 2.65 per kWh. The PPA is valid till 5th July 2031.

Shares of AD-MANUM FINANCE LTD. was last trading in BSE at Rs. 42.42 as compared to the previous close of Rs. 42.13. The total number of shares traded during the day was 66609 in over 297 trades.

The stock hit an intraday high of Rs. 43.90 and intraday low of 41.05. The net turnover during the day was Rs. 2813303.00.

Source : Equity Bulls

Keywords

ADMANUMFINANCE INE556D01017 PPA MSEDCL PowerSale WindMill