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Ravindra Energy Ltd. ( (IN:RELTD) ) has issued an announcement.
Ravindra Energy Limited has been awarded two Letters of Award from the Maharashtra State Electricity Distribution Company Limited to develop and operate 120 MW of decentralized photovoltaic solar projects across 23 sub-stations in Maharashtra. This development will see the company enter a 25-year Power Purchase Agreement with MSEDCL, enhancing its position in the renewable energy sector and contributing to the state’s solarisation efforts under the Mukhyamantri Saur Krushi Vahini Yojana 2.0.
More about Ravindra Energy Ltd.
Ravindra Energy Limited operates in the renewable energy industry, focusing on the development and operation of solar photovoltaic power projects. The company is involved in decentralized solar power generation, catering primarily to the Indian market with a focus on feeder level solarisation projects.
Average Trading Volume: 20,345
Technical Sentiment Signal: Buy
Current Market Cap: 29.75B INR
Find detailed analytics on RELTD stock on TipRanks’ Stock Analysis page.