Rs 1,300 Crore Order Book: Solar Company Receives Order Worth Rs 5,57,93,333.80 From NHPC Ltd
The stock is up by 92 per cent from its 52-week low of Rs 192 per share.
Teerth Gopicon Limited (TGL) has secured a significant Notification of Award from NHPC Limited for the "Development of Rooftop Solar Power Projects on Buildings of NHPC Limited in Zone-IV (North East Power Stations)" under the PM Surya Ghar: Muft Bijli Yojana. This domestic project, valued at a bid cost of Rs 5,57,93,333.80, entails the development of 1098 KW of rooftop solar capacity. TGL is contracted to complete the Engineering, Procurement, and Construction (EPC) portion within nine months, followed by five years of comprehensive Operation and Maintenance.
About the Company
Teerth Gopicon Ltd., established in 2019, is a certified all-class civil and electrical contractor specialising in engineering, construction and development. The company primarily focuses on infrastructure projects, particularly roads, sewerage and water distribution systems, in Madhya Pradesh, with a growing presence in other states. TGL has a strong track record of executing projects for both government and private sector clients, offering comprehensive EPC services including detailed engineering, procurement, construction and operation & maintenance.
The company has a market cap of Rs 442 crore and the company’s order book exceeds Rs 1,300 crore. The stock is up by 92 per cent from its 52-week low of Rs 192 per share. Investors should keep an eye on this SME stock.
Disclaimer: The article is for informational purposes only and not investment advice.
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