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ZODIAC — Zodiac Energy News Story

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India's Zodiac Energy gains after incorporating unit for solar projects

BUZZ-India's Zodiac Energy gains after incorporating unit for solar projects

** Shares of India's Zodiac Energy ZODA.NS rise as much as 7.4% to 263.95 rupees; stock last up 2.4%

** Renewable energy solutions provider says it incorporated a unit called Zodiac Energy IPP-2

** Adds unit has been incorporated as a Special Purpose Vehicle (SPV) to undertake projects related to solar power generation and engineering, procurement and construction (EPC) activities

** Stock down 17.6% YTD


(Reporting by Payel Das in Bengaluru)

((Payel.das@thomsonreuters.com))

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