Australia's Botala Energy gains on winning solar tender

Botala Energy

18/07/2024 06:21

** Shares of Botala Energy  BTE.AX  up 5.1% to A$0.083, on
track for their best day since July 8, if gains hold
    ** A consortium led by co wins 4MW solar tender from
Botswana Power Corp, says co
    ** Says award of the tender is a significant milestone and
is the next step in the development of a medium-scale solar
pilot project announced in Oct 2023
    ** Stock has fallen 7.1% this year, as of last close

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))