Rail Vikas Nigam Signs MoU with Jakson Green for Clean Energy EPC Projects

Source: www.gulfoilandgas.com 3/27/2023, Location: Asia

The partnership aims at enabling India's Decarbonizing push and shall bring in synergy in designing, executing and delivering EPC projects globally by both partners Rail Vikas Nigam is currently trading at Rs. 65.29, up by 0.70 points or 1.08% from its previous closing of Rs. 64.59 on the BSE.

The scrip opened at Rs. 65.60 and has touched a high and low of Rs. 65.87 and Rs. 65.14 respectively. So far 289559 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 84.15 on 29-Nov-2022 and a 52 week low of Rs. 29.00 on 21-Jun-2022.

Last one week high and low of the scrip stood at Rs. 65.87 and Rs. 60.30 respectively. The current market cap of the company is Rs. 13644.37 crore.

The promoters holding in the company stood at 78.20%, while Institutions and NonInstitutions held 8.90% and 12.91% respectively.

Rail Vikas Nigam (RVNL) has signed Memorandum of Understanding (MoU) with Jakson Green for Clean Energy EPC Projects Globally. The partnership aims at enabling India's Decarbonizing push and shall bring in synergy in designing, executing and delivering EPC projects globally by both partners. RVNL being an Infrastructure Giant and Jakson being into the renewable energy shall cater to the need for Giga Scale EPC clean energy projects in MENA, CIS and APAC Countries.

Rail Vikas Nigam is in the business of executing all types of railway projects including new lines, doubling, gauge conversion, railway electritrification, metro projects, workshops, major bridges, construction of cable stayed bridges, institution buildings etc.


Norway >>  12/12/2024 - INPEX CORPORATION (INPEX) announced that through INPEX Idemitsu Norge AS (IIN), a wholly owned local subsidiary of INPEX Norway, it has reached an a...
Spain >>  12/12/2024 - The global leader in smart photovoltaic and energy storage solutions Trinasolar and the Spanish group ReTree, which is dedicated to fighting deforesta...

United Kingdom >>  12/12/2024 - Saipem has received the final award for the two projects Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT) for the development of...
Ghana >>  12/11/2024 - Dutch & Company, a leader in solar energy solutions, has successfully installed a solar system designed to reduce carbon emissions and provide stable,...

United Kingdom >>  12/11/2024 - Wood will provide integrated project management services for the next phase of the flagship Net Zero Teesside Power (NZT Power) and Northern Endurance...
United Kingdom >>  12/11/2024 - TechnipFMC (NYSE: FTI) has been given full notice to proceed with the previously announced contract for the first all-electric integrated project by t...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.