Hazoor Multi Projects Limited has secured an order worth ₹913 crore, surpassing its current market capitalisation of ₹866 crore. The company announced on Friday (July 4) that it has received a letter of award (LoA) from Apollo Green Energy Limited (formerly Apollo International Ltd) for the execution of a 200 MW grid-connected solar photovoltaic (PV) project in Gujarat.
The project, awarded under an engineering, procurement & construction (EPC) contract, involves the design, supply, construction, testing, and commissioning of a 200 MW solar power plant at GSECL’s Renewable Energy Solar Park in Khavda (stage-3), Gujarat. The entire contract is scheduled to be completed by March 2026.
In its regulatory filing with the BSE, the company clarified that the promoters or group companies have no related party interest in Apollo Green Energy, and the order is being executed independently.
Shares of the company ended 1.28% in the green at ₹39.67 in the session on Friday, July 4.
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(Edited by : Shoma Bhattacharjee)
