Sangam Advisors has been awarded two Letter of Award (LoA) by Maharashtra State Power Generation Company (MAHAGENCO) for design, engineering, manufacture, supply, erection, testing and commissioning of 2MW (AC) each of grid interactive solar PV power plant at Ralegan-Siddhi, Tal. Parner & District Ahmednagar, Maharashtra, and at Manjarda, Tal & Dist. Yavatmal, Maharashtra respectively on Bulid Own & Operate (BOO) basis and operation and maintenance of the project for 25 years from the date of commissioning of the project.

The aforesaid projects are to be commissioned within 3 months from the date of handing over the land for respective project.

Shares of the company gained Rs 1.35, or 4.56%, to trade at Rs 30.95. The total volume of shares traded was 9,120 at the BSE (9.53 a.m., Wednesday).