Trom Industries Secures 15MW Grid-Connected Rooftop Solar Project in South Bihar
Trom Industries Limited has secured a significant purchase order from M/s. South Bihar Power Distribution Company Limited for setting up a large-scale grid-connected rooftop solar project across the Bhagalpur circle. The contract involves developing a cumulative capacity of 15MW under the state's renewable energy push.The order, which is a domestic transaction, encompasses establishing a Grid-Connected Rooftop Solar project utilizing the CAPEX plus RESCO Mode utility Led Aggregation (ULA) model of the PM Surya Ghar - Muft Bijli Yojana (PMSG-MBY).
According to the details of the purchase order received from M/s. South Bihar Power Distribution Company Limited, the contract covers setting up a cumulative capacity of 15MW Grid-Connected Rooftop Solar project. Each individual plant within this project will have a capacity of 1.1 KW and is designated for 13,290 consumers in the Bhagalpur circle of the company.
The project timeline specifies that the supply must be completed within nine months from the day of signing the Power Purchase Agreement (PPA).
Key details regarding the domestic order are provided below:
| Particulars | Details |
|---|---|
| Client Name | M/s. South Bihar Power Distribution Company Limited |
| Nature of Order | Setting up a cumulative capacity of 15MW Grid-Connected Rooftop Solar project |
| Order Size (Aggregate) | 15MW |
| Execution Timeline | Within 9 months from the day of signing PPA |
| Entity Type | Domestic |
The purchase order confirms that there is no interest held by the promoter or promoter group in the entity awarding the contract, and the transaction falls outside related party dealings.
TROM Stock Price Movement
Trom Industries Limited shares slipped by 4.98%, settling at ₹54.4 on Wednesday after closing significantly lower than its previous session's close. The stock found support near the day's low, with trading volumes totaling 6,000 shares as the equity moved down from an opening price of ₹55.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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