NLC India Ltd shares on high trail amid solar power generation and supply order from NCRTC
NLC India Ltd are trading in higher zone by 1.43% at Rs 247.10 as the state-owned firm has received a Letter of Acceptance (LoA) from National Capital Region
New Delhi: Shares of NLC India Ltd are trading in higher zone by 1.43% at Rs 247.10 as the state-owned firm has received a Letter of Acceptance (LoA) from National Capital Region Transport Corporation Limited (NCRTC) for setting up 110 MW (AC) Grid Connected Solar PV Power Projects in Uttar Pradesh under Captive Mode against Bid No. DM/EL/COR-OF/282.
The Nature of order is Power generation and supply.
The significant terms and conditions of the project are as follows:
· Setting up 110 MW (AC) Grid Connected Solar PV Power Projects in Uttar Pradesh under Captive Mode.
· Supply of Power generated from the aforesaid project for a period of 25 (twenty-five) years under PPA.
The Scheduled Commencement of Supply Date (SCSD) for supplying power from the full Project capacity shall be within a period of 24 (twenty-four) months from the Effective Date of the PPA.
The broad size of the order is 110 MW (AC) Grid Connected Solar PV Power Projects.
Shares of NLC India Ltd are trading higher by 1.43% at Rs 247.38 at BSE.