Announced Fri, 10 Jul · 17:45 IST
Powerica wins 50MW wind project bid from GUVNL at Rs 3.51 per unit
POWERICA · price
▲ 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
+0.2%1-day move
₹566.50
prior close
₹546.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+5.2+5.5+5.9+5.3+0.2+1.8+4.6+0.8+0.0-2.3————
Up moveDown movePending
AI summary
Powerica Limited won a 50MW wind power project in GUVNL's e-reverse auction at a tariff of Rs 3.51 per unit, about 2.77 percent below the tender start price. The company will sign a direct 25-year PPA with GUVNL and execute the project in-house. Powerica already operates 330.85 MW across 12 wind projects with long-term PPAs from GUVNL and SECI, and the new win adds to that portfolio.
Likely market impact
Positive—government-backed order strengthens the wind portfolio with long-term revenue visibility. Awaiting Letter of Award for final confirmation.