MoneyWorks4Me

Orbit Exports gets nod to enter into agreement with K&H Constructions

26 Jun 2024 Evaluate

Orbit Exports’ Board of Directors have approved to enter into an agreement with K&H Constructions, for the development of 2MW Solar Captive Generating Plant (SCGP) as Special Purpose Vehicle (SPV) in south Gujrat region by having equity of 26% in SPV. The entire power units generated from the said SCGP will be supplied to the company, at its Kosamba and Sarigam facilities, at a discounted price against the DISCOM price. 

Orbit Exports is one of India’s largest exporters of novelty fabrics. Orbit’s global reach is testament to its success, with the company having established prolific operations in the USA, Latin America, Africa, Europe and the Far East. 


Peers
Company Name CMP
Vardhman Textiles 554.05
Welspun Living 224.70
Arvind 550.00
Raymond Lifestyle 687.50
K.P.R. Mill 1108.00
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