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Gujarat Industries Power awards EPC contract to KEC International

The company said that the award of EPC contract is at the cost of Rs244.00 crore.

September 12, 2022 9:18 IST | India Infoline News Service
The Board of Directors of Gujarat Industries Power Company Ltd, at its meeting held on September 09, 2022, approved the award of EPC Contract to KEC International Limited.

In a regulatory filing, the company said that the award of EPC contract is at the cost of Rs244.00 crore (Rupees Two Hundred Forty Four Crores) approximately for Pooling Sub-station 400/33 KV, 1200 MW (PSS-1, Phase-1 & Phase-II of 600 MW each) of Solar / Wind / Hybrid RE Park of 2375 MW capacity at Great Rann of Kutch area, Gujarat..

At around 9:18 AM, Gujarat Industries Power Co Ltd is currently trading at Rs95.70 per share up by Rs2.1 or 2.24% from its previous closing of Rs93.60 per share on the BSE.

Meanwhile, K E C International Ltd is currently trading at Rs411.70 per share up by Rs6.3 or 1.55% from its previous closing of Rs405.40 per share on the BSE.

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