Shriram wins build-contract for 50 MW concentrated solar thermal plant in India

Shriram EPC Limited has been awarded an order amounting to Rs.640 crore from Abhijeet Projects Limited for a 50 MW Concentrating Solar Thermal Power Plant in the Jaisalmer district of Rajasthan.

The scope of work includes the design, engineering, procurement, supply, erection, testing & commissioning for the entire concentrated solar energy project. The solar thermal project is scheduled for completion in 20 months. SEPC has signed MOU with ENER-T International Limited, Israel – a leading technology and engineering provider for thermal solar projects. The stock was trading at Rs.129.75, up by Rs.9.85 or 8.22%. The stock hit an intraday high of Rs.134.95 and low of Rs.127.