Zodiac Energy hits 5% upper circuit in morning trade after receiving an order worth Rs 154.27 crore from the Ahmedabad Municipal Corporation for a 30MW solar project in Gujarat, including installation, operation and maintenance for five years.
This order is expected to be completed within 18 months.
In the exchange order, Zodiac Energy stated, “The company has been awarded with an order from Ahmedabad Municipal Corporation (AMC) for Design, Supply, Installation, Testing, and Commissioning of Grid Tied 30MW Ground Mounted Solar Projects in the state of Gujarat including Erection, Operation & Maintenance for 5 Years and Lease/Sublease at the aggregate value of Rs. 154.27 Crores.”
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