Teerth Gopicon Secures Rs.408 Crore Solar Project; Stock Hits 5% Upper Circuit

 Summary:

Teerth Gopicon Ltd has received a Letter of Award from Rajasthan Renewable Energy Corporation Limited for the design, supply, erection, testing, and commissioning of Rooftop Solar (RTS) Photovoltaic Power Projects on state government buildings under the Hybrid Annuity Mode (HAM). The project includes 25 years of comprehensive O&M post-commissioning and is valued at Rs. 408.54 crore.
Stock Performance:
  • Teerth Gopicon’s stock hit the 5% upper circuit, at Rs.293.90.
  • Market Cap : Rs. 352.67 Cr.


Key Data Points:
  • Project Location: Rajasthan
  • Project Value: Rs.408.54 crore
  • Contract Period: 25 years of operation & maintenance
  • Project Scope: Rooftop solar installations on state government buildings
About Teerth Gopicon Ltd:
Incorporated in 2019, Teerth Gopicon Ltd  specializes in engineering construction and development, mainly focusing on roads, sewerage and water distribution projects in Madhya Pradesh and expanding our geographical footprint to other states.

Disclaimer:
The information provided on Equity Insights Hub is for educational and informational purposes only. We do not provide financial or investment advice. Readers are advised to consult a SEBI-registered financial advisor before making any stock market decisions. Equity Insights Hub is not responsible for any financial losses.

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