Captain Polyplast empaneled as EPC vendor by Madhya Gujarat Vij Company; Stock trades flat

5 Aug 2022 , 09:43 AM

Captain Polyplast Limited has announced that it has been empaneled as an EPC vendor by Madhya Gujarat Vij Company Ltd (MGVCL) under MNRE / Surya Gujarat scheme.

As per the filing, the company has been allocated initial target for installation of 4.3 MW of residential rooftop projects. The complete execution of the allocated target could generate revenue of Rs18 crore.

“This is in line with increased focus of the company in renewable energy and strengthen our position as a solar EPC player”, the company said.

At around 9:44 AM, Captain Polyplast was trading flat at Rs16.20 per share on the BSE.