Ujaas Energy gains on Rs. 88 crore contract from Oil India.

Shares of Ujaas Energy were up nearly 5% at Rs. 15 after the company announced that it has won a contract for setting up a solar power plant along with its long-term maintenance contract from Oil India.

The company has received an Letter of Award for EPC from Oil India doe 9MWP(DC) Grid Interactive Solar Photo Voltaic Power Plant at Ramgarh, Jaisalmer in addition to its comprehensive operation & maintenance for 25 years at an approximate cost of Rs. 88 crore, the company said in a release.

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