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The "Power Purchase Agreement (PPA) has been signed with Gujarat Urja Vikas Nigam Limited (GUVNL) for 25 years. The cost of construction/development of this project is Rs 642 crore. The project will generate 252.3 million units (MUs) in the first year," it said. ....
State-run SJVN has begun commercial supply of electricity from its 50 MW Gujrai solar power station in Kanpur Dehat, Uttar Pradesh. The project cost is Rs 281 crore, with expected annual revenue of Rs 32 crore. Geeta Kapur, Chairperson & Managing Director, stated that SJVN is committed to increasing non-fossil-fuel-based energy generation. ....
Aamar Deo Singh of Angel One says investors need to be cautious with fresh investments due to unappealing risk-reward ratio in many stocks. Nifty and Bank Nifty are consolidating, while India VIX levels remain stable. With the results season over, all eyes are on the US FOMC meeting minutes, slated to be released later this week. Top gainers include MRPL, Natco Pharma, and Aegis Logistics. ....
The domestic equity market was trading higher on Friday. Sensex rose 336 points to 72,387 and Nifty added 107 pts to 22,018. Here s a look at stocks in focus today. ....