SWELECTESBSESwelect Energy Systems Ltd-$MediumPositive
Announced Sat, 2 May · 21:58 IST

SWELECT Energy Systems Limited has successfully commissioned 5 MW Solar Power Plant at Perumpoondi and Nedumpirai Village, Cheyyar Taluk, Tiruvannamalai District Tamil Nadu.

Greenfield CommissionedCapex & Operations View source PDF

SWELECTES · price

Loading chart…

▲ 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
+4.8%1-day move
₹666.00
prior close
₹665.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4+0.5-0.1-0.1+4.8+4.4+3.0+3.0-2.3-5.9-8.5+0.5-3.2
Up moveDown movePending
AI summary

Swelect Energy Systems Limited has successfully commissioned a 5 MW solar power plant in Tamil Nadu. The plant is located at Perumpoondi and Nedumpirai Village in Cheyyar Taluk, Tiruvannamalai District, and is connected to the Sirungattur 110/33-11 KV TANTRANSCO substation at 110 KV level. The generated electricity will be supplied to Airport Authority of India (AAI) at Chennai Airport under a third-party power sale model through intra-state open access. With this commissioning, the company has now completed 10 MW of total capacity for the AAI project.

Likely market impact

This commissioning adds 5 MW of operational solar capacity, completing the 10 MW target for the AAI project. This strengthens the company's revenue visibility through long-term power sale agreements with a government entity.