The company expects to complete the execution within 12 months. The project has a cumulative capacity of 13.66 MW (AC).
It lies just under a kilometre from the Goregaon-Mulund Link Road and 1.4 km from the under-construction Metro Line 5.
At close, the Sensex was up 1,000.36 points at 83,755.87. The Nifty was up 304.25 points at 25,549.
The deal covers a three-year defect liability period, followed by one year of operations and maintenance support.
The mandatory six-month lock-in period for pre-IPO shareholders ended on June 18
The company reported a return on equity (ROE) of 29.52% for FY25, which stands in contrast to its five-year average of around 9%.
Here are some of the stocks that may see significant price movement today: Hitachi Energy India, NTPC, HCL Technologies, etc.
The latest order is for the manufacturing and supply of special test equipment, and will be executed in line with the terms laid out in the purchase agreement.
In a separate disclosure made, CEAT said that its board approved its plans to raise up to ₹500 Crore via rated, listed, unsecured redeemable NCDs.
The systems store electricity whether it’s from solar, wind, or the regular power grid and release it later when needed.

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