Australian Premium Solar (India) Ltd Secures Major Tender from MPUVNL

Australian Premium Solar (India) Ltd has been awarded a significant tender by Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL). The company will supply 18,000 solar panels, each with a capacity of 540 watts, for a total contract value of INR 23.2 crore2. This order is part of MPUVNL's ongoing efforts to expand solar energy capacity in Madhya Pradesh, aligning with the state's renewable energy goals. The deal, to be fulfilled within three months, has positively impacted the company's stock, which saw a 3% jump following the announcement2. This tender further solidifies Australian Premium Solar's position as a key player in India's growing solar energy market.

 

Source: IPO Central