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Meshek Energy Gains Approval for Revenue-Boosting Tariffs

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Meshek Energy Gains Approval for Revenue-Boosting Tariffs

Meshek Energy ( (IL:MSKE) ) has provided an update.

Meshek Energy, a company engaged in the energy sector, has announced a significant regulatory decision by the Electricity Authority regarding complementary tariffs for one of its projects. The approved tariff, which will be implemented in phases starting February 2025 and valid until September 2025, is expected to boost the company’s revenue and support further investment in renewable energy initiatives. This decision is anticipated to positively impact Meshek Energy’s financial performance and operational expansion.

More about Meshek Energy

YTD Price Performance: 31.99%

Average Trading Volume: 849,645

Current Market Cap: ILS2.45B

See more insights into MSKE stock on TipRanks’ Stock Analysis page.

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