/ Ujass Energy Receives LOI From Moil Ltd ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 31 May 2017

Ujaas Energy has received a letter of intent (LOI) from Moil Ltd for the design, engineering, procurement, supply, construction, erection testing and commissioning of 5.5 MW (AC) solar  PV plants with a tracking system on turnkey basis at mines in Madhya Pradesh.

The board of directors of the company on the previous day has recommended a final dividend of Rs 0.05 per equity share for the financial year ended Mar 31, 2017.

The company on May 26, 2017, has also received an LOI from Arunachal Pradesh Energy Development Agency for the design, supply, installation testing and commissioning of 200 kwp Grid Connected Solar PV plant in Arunachal Pradesh.  

The company is engaged in solar power plant operation business, manufacturing and sale of solar power systems.

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