India's Powerica rises after wind project win
BUZZ-India's Powerica rises after wind project win ** Shares of Powerica POWR.NS rise as much as 3.5%; last up 1.5% at 575.5 rupees
** Generator maker secures 50 MW wind project bid from Gujarat Urja Vikas Nigam for a tariff of 3.51 rupees per unit
** Project will support Gujarat's renewable purchase obligation targets and adds to Powerica's existing 330.85 MW operational wind independent power producer portfolio, says ICICI Direct Research
** Stock up 57.1% since trading debut on April 2
(Reporting by Mridula Kumar in Bengaluru)
Recent news on Powerica
See all newsBrief: Powerica Receives Letter Of Intent For 50 MW Wind Power Project From Guvnl
Brief: Powerica Receives Letter Of Award For 100 MW Wind Power Project From SECI
Brief: Powerica Executes PPA For 100 MW Wind Project In Gujarat
India's Powerica rises after wind project win
Brief: Powerica Secures 50Mw Wind Project Bid From GUVNL