Prostarm Info Systems Ltd receives order from KPTCL

Prostarm Info Systems Ltd has received a LOA from Karnataka Power Transmission Corporation Limited ('KPTCL') for Setting up of 150 MW/ 300 MWh Standalone Battery Energy Storage System in the 400kV Doni Substation (at 220kV Voltage level) of KPTCL, Gadag District, Karnataka, With VGF (State Component) at rental of Rs. 2.54 lacs/MW/Month (i.e. yearly rental of Rs. 45.72 Crores on 150 MW/300 MWh) under Tariff Based Competitive Bidding (TBCB) mode and on Build Own Operate Basis for 12 Years.

Shares of Prostarm Info Systems Limited was last trading in BSE at Rs. 207.55 as compared to the previous close of Rs. 189.05. The total number of shares traded during the day was 607917 in over 5778 trades.

The stock hit an intraday high of Rs. 207.95 and intraday low of 187.05. The net turnover during the day was Rs. 123527282.00.

Source : Equity Bulls

Keywords

ProstarmInfoSystems INE0BX301013 ElectricalEquipment Order KPTCL