Veer Energy & Infrastructure Ltd completes sale of wind turbine worth Rs. 429 lakhs

Veer Energy & Infrastructure Limited has announced the successful completion of a major transaction involving the sale of state-of-the-art installed wind turbine worth Rs. 429 Lakhs. This strategic move aligns with our commitment to advancing sustainable energy solutions and expanding our renewable energy portfolio.

Wind Turbine Capacity : 800 KW /850 KW
Total Capacity : 2450 KW
Site : Kutch, Gujarat

Company would be taking care of the operation and management of the above asset. This transaction is a significant step in Company's ongoing efforts to promote clean and renewable energy solutions. The wind turbine, which features cutting-edge technology, will contribute to enhancing our ability to generate sustainable energy and reduce carbon emissions.

Shares of VEER ENERGY & INFRASTRUCTURE LTD. was last trading in BSE at Rs. 20.47 as compared to the previous close of Rs. 20.70. The total number of shares traded during the day was 41513 in over 277 trades.

The stock hit an intraday high of Rs. 20.96 and intraday low of 20.40. The net turnover during the day was Rs. 856389.00.

Source : Equity Bulls

Keywords

VEERENERGYandINFRASTRUCTURE INE255E01030 MajorTransaction Completion