BPCL shares surged over 2% following the company’s emerged as the lowest bidder in NTPC’s tender for 1,200 MW ISTS-connected solar PV projects across India. BPCL secured 150 MW of capacity, marking a major step forward in its renewable energy strategy.
Project Highlights:
- Capacity: 150 MW
- Capital Outlay: ₹756.45 crore
- Revenue: ₹100 crore annually
- Output: 400 million units of clean energy per year
- Timeline: 2 years for project completion
This win strengthens BPCL’s position in the growing renewable energy sector, enhancing its long-term growth prospects.
BPCL shares opened at ₹294.85 and reached a high of ₹299.30, with a low of ₹294.25 on the day. The stock’s 52-week high stands at ₹376.00, while the 52-week low is ₹222.25.
As of 9:52 am, BPCL shares were trading 1.99% higher at Rs 297.80 on the NSE.
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