BSEDesco Infratech LimitedMediumPositive
Announced Mon, 21 Sept · 12:05 IST

Empaneled by NREDCAP for rooftop solar projects in Andhra Pradesh

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
1-day move
₹190.00
prior close
₹191.75
base price
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AI summary

Desco Infratech has been empaneled by NREDCAP (New and Renewable Energy Development Corporation of Andhra Pradesh), a state government company, as an approved supplier for installing grid connected solar rooftop PV power plants ranging from 1 KWp to 500 KWp at various locations in Andhra Pradesh. The empanelment is under the state Solar Rooftop Net Metering Policy. However, the company clarified this does not by itself constitute a specific project award; actual business will depend on future proposals and work orders.

Likely market impact

Opens a new platform for solar project opportunities but no confirmed revenue yet; depends on future work orders.