Zodiac Energy bags multi-year contract from Ahmedabad Municipal Corporation

12 Dec 2022 , 11:58 AM

Zodiac Energy Limited informed that it received an order for designing, supplying, installing, testing, and commissioning a grid-connected 3 MWp ground-mounted solar system at various Ahmedabad Municipal Corporation utilities.

This includes a contract for SCADA System with 5 Years Comprehensive O and M from Ahmedabad Municipal Corporation for Rs 18.91 crore in total.

The company expects to complete the project within a period of 12 months from the date of location handover to the successful bidder.

Zodiac Energy is an Ahmedabad-based solar company that offers turnkey solutions to power companies. It is at the forefront of the solar industry in India, offering cutting-edge solar energy solutions for residential, commercial, and industrial properties alike.

At around 11.59 AM, Zodiac Energy was trading 2.95% higher at Rs130.90, against the previous close of Rs127.15 on NSE. The counter touched an intraday high and low of Rs131.50 and Rs127.30 respectively.

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