Torrent Power shares rallied 8 per cent to Rs 1,463.25 apiece on the BSE in Monday’s intraday trade after the company received Letter of Award (LoA) for a Grid-Connected Wind Solar Hybrid Project. The LoA has been received from Torrent Power Limited-Distribution Unit for setting up of 150 MW (RE Power) hybrid project valued at Rs 1,825 crore.
At 10:50 AM, the shares were trading 6.3 per cent higher at Rs 1,440 as against 0.6 per cent gain in the benchmark S&P BSE Sensex.
