Bengaluru, July 14 -- The shares of a solar and energy solutions company, engaged in EPC and BOOT-based solar power projects, surged up to 5% after bagging a significant government order for a grid-scale battery energy storage project.

With a market capitalization of Rs 4,877 Crores, the share price of Oriana Power Limited was up by 5% up to hit an intraday high of Rs 2,410.05 per share from its previous day closing price of Rs 2,299.90 per share.

What's the News Oriana Power Ltd, in an exchange filing, announced that it has received a Letter of Award (LOA) from Karnataka Power Transmission Corporation Ltd (KPTCL) for setting up a standalone Battery Energy Storage System (BESS) at the Shahapur Taluk Yadagir Substation in Karnataka.

The...