Zodiac Energy Secures Order for 2000 Kwp Ground Mounted Solar PV Power Plant
Zodiac Energy Limited has secured a Purchase Order (PO) from a domestic entity in Gujarat, marking a significant contract win in the renewable energy sector. The order involves the supply, installation, and commissioning of a Ground Mounted Solar PV Power Plant with a capacity of 2000 Kwp.The total value of this order is approximately Rs. 7,12,20,600/- (Rupees Seven Crore Twelve Lakh Twenty Thousand and Six Hundred Only), exclusive of Operation and Maintenance (O&M) charges.
This contract strengthens the company's position in the renewable energy market and is expected to contribute to its revenues throughout the project execution period.
Project and Commercial Details
The details of the order were recorded, indicating that it was awarded by a domestic entity for the execution of a solar power system involving supply, installation, and commissioning of the 2000 Kwp Ground Mounted Solar PV Power system.The contracted work is scheduled to be executed before December 31, 2026, subject to the terms outlined in the Purchase Order. The order does not involve any interest from the promoter or group companies in the awarding entity, nor will it fall under related party transactions.
Key commercial and operational details are summarized below:
| Particulars | Details |
|---|---|
| Nature of Order | Execution of solar power system for supply, installation, commissioning of Ground Mounted Solar PV Power plant. |
| Order Value | Rs. 7,12,20,600/- (excluding O&M charges). |
| Awarding Entity Type | Domestic entity based in Gujarat. |
| Completion Timeline | Before December 31, 2026. |
ZODIAC Stock Price Movement
On Friday, shares of Zodiac Energy Limited edged higher to close at ₹251.65, rising 4.99% from the previous day's close. The equity traded on a volume of 13,624 shares, having established a daily low of ₹233.60 during the session.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.