GK Energy Ltd receives Letter of Empanelment from MSEDCL

GK Energy Limited has received a Letter of Empanelment (LoE) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 15,000 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) pumps of 3 HP, 5 HP, 7.5 HP for the entire state of Maharashtra under Magel Tyala Saur Krushi Pump Yojana. The total value of the 15,000 pumps is Rs. 353.89 Crores (inclusive of GST) which is to be executed within 60 days from the issuance of work order/NTP.

Shares of GK Energy Limited was last trading in BSE at Rs. 135.25 as compared to the previous close of Rs. 129.35. The total number of shares traded during the day was 93617 in over 1118 trades.

The stock hit an intraday high of Rs. 136.80 and intraday low of 129.60. The net turnover during the day was Rs. 12593449.00.

Source : Equity Bulls

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