Powerica wins 100 MW wind PPA with GUVNL at Rs 3.435 per kWh for 25 years

Govt Defence OrderBusiness Updates View source PDF Explain this filing

POWERICA · price

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

-3.7%Reaction day

₹532.00

prior close

₹535.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.3%-5.0% vs market

Heavy Electrical Equipment peers, median of 33sector+1.5%-5.1% vs sector

On the reaction day the stock moved 5.0 pts less than Nifty Microcap 250 and 5.1 pts less 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

+2.2

10m

+1.1

15m

+1.8

30m

+1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.7+1.3-5.0+1.5-5.1

Next day

-1.9+1.8-3.6+1.9-3.8

+2.9+3.1-0.2+1.7+1.2

-1.5+3.5-5.0+0.6-2.1

-0.4+3.5-3.9+1.4-1.8

+0.2+3.4-3.2+2.0-1.8

+5.5+3.6+1.8+2.2+3.3

15d

-2.4+4.9-7.2-0.5-1.9

-3.6+4.4-8.0+0.8-4.4

+10.3+2.9+7.4-4.1+14.4

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UpDownMarket · Nifty Microcap 250Sector · Heavy Electrical Equipment peers, median of 33Pending

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

AI summary

Powerica Limited has executed a Power Purchase Agreement with GUVNL, the Gujarat state power utility, to set up a 100 MW wind power project in Gujarat. Tariff is fixed at Rs 3.435 per kWh for 25 years. Project to be executed within 24 months. It is a domestic order and not a related party transaction. Promoters have no interest in GUVNL.

Likely market impact

Strengthens long-term revenue visibility through a government-backed 25 year power off-take at a fixed tariff.