Green Energy Stock which is a registered channel partner of the Ministry of New & Renewable Energy, engaged in the business of execution of turnkey solar PV power plant projects in focus upon receiving a new work order worth Rs. 2.13 Crores for a solar power plant.
With a market capitalization of Rs. 127 Crores, the shares of Agni Green Power Limited were trading at Rs. 65, down 2.18 percent from its previous day’s close price of Rs. 66.45.
Agni Green Power Limited has received a work order worth Rs. 2.13 Crores from Subhasree Projects Private Limited, Kolkata, West Bengal, for the design & engineering, manufacture or procurement, testing, supply, installation, and commissioning of Thirty-Eight Grid Connected Solar PV Power Plants each of array capacity 10 kWp.
The said work order includes five years of Comprehensive Maintenance on a turnkey basis at various Schools/Government buildings in different districts of West Bengal under the West Bengal Renewable Energy Development Agency WBREDA Scheme.
Agni Green Power Limited is engaged in the business of execution of turnkey solar PV power plant projects, including design, engineering, supply, installation, commissioning, and maintenance.
Agni Green Power Limited is also a registered channel partner of the Ministry of New & Renewable Energy, Govt. of India, for off-grid solar PV applications.
Its revenue from operations grew 43.01 percent from Rs. 15.4 Crores in FY22 to Rs. 22.02 Crores in FY23, accompanied by a profit of Rs. 0.22 Crore to a loss of Rs. 1.41 Crore.
Written by: Bharath K.S
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