RDB Infrastructure and Power receives LOI from Damodar Valley for solar PV plant projects

This project is worth Rs. 7.94 crore for the design, engineering, supply, installation, and commissioning of grid-connected rooftop solar PV plants.

RDB Infrastructure and Power receives LOI from Damodar Valley for solar PV plant projects
RDB Infrastructure and Power receives LOI from Damodar Valley for solar PV plant projects

RDB Infrastructure and Power emerges as a successful bidder in a tender issued by Damodar Valley Corporation (DVC) for the installation of grid-connected rooftop solar PV plants in West Bengal and Jharkhand. The company participated in this tender and announced that its bid was successful. 

This project is worth Rs. 7.94 crore for the design, engineering, supply, installation, and commissioning of grid-connected rooftop solar PV plants, including comprehensive operation and maintenance (O&M) for 5 years, in DVC-owned buildings located in the DVC command area in West Bengal and Jharkhand.

The share price of RDB Infrastructure and Power Limited reached an intraday low of 3.36 percent to Rs. 520.20 per share on Tuesday, an increase from its previous close of Rs. 538.28 per share. The market capitalization now stands at approximately Rs. 907 crore as of December 31, 2024.

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