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Veer Energy & Infrastructure gets certificate for investment from Govt of Gujarat

16 Jan 2013 Evaluate

Veer Energy & Infrastructure has received a certificate for investment under the Power Renewable Sector in Vibrant Gujarat 2013 program from Government of Gujarat. The company had proposed to set up solar park of 10 MW with an investment of Rs 80 crore and the same has been accepted by the Government of Gujarat. The company is expected to complete this work by current year. The company is also expecting a profit of approximately Rs 10 crore.

The Government of Gujarat has welcomed this proposal and extended their best wishes and support for successful implementation of the project. As company has already acquired land at Kutch, in Gujarat for this 10 MW Solar Project. The company, in Vibrant Gujarat, 2011 had signed MOU of 200MW out of which the company has already completed 105MW of projects and balance is under progress.

Veer Energy provides technical solutions for a future with reduced dependence on fossil fuels and fewer greenhouse gas emissions. Currently, Veer Energy wind farms in operation and construction represent a substantial reduction in carbon dioxide emissions annually.

Veer Energy & Infra Share Price

13.62 0.30 (2.25%)
17-Apr-2026 16:59 View Price Chart
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