GIPCL signs PPA with GUVNL

Gujarat Industries Power Company Ltd. | Power Generation/Distribution | Power | BSE: 517300 | NSE: GIPCL

07 Dec 2016 Evaluate

Gujarat Industries Power Company (GIPCL) has signed Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for 23.1 MW (2.1 MW x 11 WEGs) Wind Power Project at Kuchhdi Site, Porbandar district, under the Letter of Intent dated February 12, 2016 for installation of 50.4 MW (2.1 MW x 24 WEGs) Wind Farm capacity issued to Suzlon Energy.

Gujarat Industries Power Company is a Electrical Power Generation company. It is engaged in production of electricity through naphtha and gas and lignite cased power plants.

Peers

Company Name	CMP
NTPC	327.00
Tata Power	361.00
Adani Power	202.35
Power Grid Corpn.	263.50
Adani Energy Solut.	1350.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.