Coal India Ltd bags 300MW solar power project

In the E-auction held on 25.01.2024, Coal India Limited bagged 300 MW capacity of Gujarat Industrial Power Corporation Ltd, RE park of 600 MW capacity at Khavda, grid connected SPV Project.

Gujarat Urja Vikas Nigam Limited (GUVNL) had invited the bids for the procurement of 600 MW of grid-connected solar power projects in Phase XXI. These projects will be located at the solar park owned by Gujarat Industries Power Company (GIPCL) in Khavda, Gujarat.

GUVNL will enter in to Power Purchase Agreement (PPA) for 25 years with Coal India Limited.

Shares of Coal India Limited was last trading in BSE at Rs. 389.50 as compared to the previous close of Rs. 382.75. The total number of shares traded during the day was 1964152 in over 10808 trades.

The stock hit an intraday high of Rs. 391.70 and intraday low of 385.35. The net turnover during the day was Rs. 755554361.00.

Source : Equity Bulls

Keywords

CoalIndia INE522F01014 300MW SolarPowerProject EAuction