Two improvement tasks in Bihar, totalling over ₹480 crore, have been awarded. ITI Restricted, the general public sector telecom manufacturing firm, has obtained an order value about ₹300 crore from the Bihar Renewable Vitality Growth Authority (BREDA) for the provision and set up of 100,000 photo voltaic avenue mild programs throughout 10 districts in Bihar.
The shares of ITI Restricted had been buying and selling at ₹297.80, up by ₹14.75 or 5.21 per cent, on the NSE at 1.10 pm.
SEPC Restricted secured a contract valued at ₹182.57 crore from the irrigation division of the Bihar authorities. The turnkey undertaking entails offering ingesting water to Bhabhua and Mohania cities underneath the Jal-Jeevan-Hariyali Abhiyan initiative, utilising floor water.
The shares of SEPC Restricted had been buying and selling at ₹32.18, up by ₹1.90 or 6.27 per cent, on NSE at 1.10 pm.
ITI Restricted’s undertaking falls underneath the “Mukhyamantri Gramin Photo voltaic Road Mild Yojana” and covers districts together with Gopalgunj, Siwan, and Patna. The corporate’s Naini plant, which has been manufacturing photo voltaic panels for six years, will execute this order.
SEPC Restricted’s contract contains detailed survey, planning, design, development, and set up, with a 12-month execution interval adopted by a three-month trial run and 60 months of operation and upkeep.
These tasks signify important investments in Bihar’s rural infrastructure and renewable power sectors.