Mumbai, March 10 -- GHV Infra Projects saw its shares hit the upper circuit of 2%, reaching Rs 225.10, following the announcement of a significant Rs 3.63 billion order from GHV (India) for the development of a solar power project. This contract entails the engineering, procurement, and construction (EPC) of a 100 MW Inter-State Transmission System (ISTS)-connected solar power plant in Gujarat, with a stipulated completion timeline of 15 months. Additionally, the agreement includes a three-year operation and maintenance (O&M) component, reinforcing GHV Infra's expertise in renewable energy solutions.
Formerly known as Sindu Valley Technologies, GHV Infra Projects has established itself as a key player in infrastructure and auxiliary services. This latest contract underscores the company's growing footprint in India's renewable energy sector, aligning with the national agenda of expanding solar capacity and promoting sustainable power generation.
With the Indian government's continued push for clean energy and Gujarat emerging as a hub for solar power investments, this project positions GHV Infra as a strategic contributor to the country's green energy transition. The company's latest achievement is expected to bolster its growth trajectory and enhance its standing in the renewable infrastructure space.
Published by HT Digital Content Services with permission from Construction World.