Adani Renewable Energy Holding Twelve Ltd receives LOA from UPPCL for supply of 400 MW solar power

Adani Renewable Energy Holding Twelve Limited ("AREH12L"), a Wholly-owned Subsidiary of the Company, has received a Letter of Award ("LOA") from Uttar Pradesh Power Corporation Limited ("UPPCL") for supply of 400 MW solar power from grid connected solar PV power project to be developed in the state of Rajasthan at a tariff of Rs. 2.57/kWh for a period of 25 years.

Shares of Adani Green Energy Limited was last trading in BSE at Rs. 959.60 as compared to the previous close of Rs. 911.75. The total number of shares traded during the day was 504357 in over 13477 trades.

The stock hit an intraday high of Rs. 966.00 and intraday low of 905.00. The net turnover during the day was Rs. 474913830.00.

Source : Equity Bulls

Keywords

AdaniGreenEnergy INE364U01010 AdaniRenewableEnergyHoldingTwelve LOA UPPCL SolarPowerSupply 400MW