Australian Premium Solar (India) Limited — Important, 14-02-2025: Updates

Australian Premium Solar (India) Limited has received a Letter of Intent (LOI) from the Bihar Renewable Energy Development Agency (BREDA) for a significant project involving the design, supply, installation, testing, and commissioning of a 200 MW Grid Connected Roof-Top Solar Photovoltaic (SPV) System. This project covers capacities ranging from 1 kWp to 500 kWp across multiple locations in Bihar, along with comprehensive maintenance for five years. This development enhances the company’s growth trajectory and positions it strategically within the renewable energy sector, indicating a positive outlook as it expands its operational footprint in solar energy solutions. Investors may view this as a potential growth opportunity.