Announced Wed, 21 Oct, 2026 · 17:55 IST

Powerica receives LOI for 50 MW wind power project from GUVNL

Govt Defence OrderBusiness Updates View source PDF Explain this filing

POWERICA · price

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

Price reactionminutes from the announcement price · days from the prior close

-0.4%Reaction day

₹537.00

prior close

₹534.00

announcement price

After-mkt

timing

Nifty Microcap 250market-1.0%+0.6% vs market

Heavy Electrical Equipment peers, median of 34sector-1.4%+1.0% vs sector

On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 1.0 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.5

10m

-2.2

15m

-1.9

30m

-1.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4-1.0+0.6-1.4+1.0

Next day

-8.0-3.3-4.7-4.8-3.2

-6.9-2.9-4.0-2.7-4.2

-3.9pendingpending+0.1-4.0

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15d

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UpDownMarket · Nifty Microcap 250Sector · Heavy Electrical Equipment peers, median of 34Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Powerica has received a Letter of Intent from Gujarat Urja Vikas Nigam Limited (GUVNL), a Gujarat state government entity, for a 50 MW Wind Power Project in Gujarat. The tariff is fixed at Rs 3.51 per kWh for 25 years. The project must be commissioned within 24 months of the Power Purchase Agreement execution. No related party interest is involved.

Likely market impact

Positive: long-term revenue visibility from a government-backed order for 25 years; execution and commissioning timeline risks remain.