🚨 POWERICA WINS LOI FOR 50 MW WIND POWER PROJECT! 🌬️⚡

Powerica Limited (NSE: POWERICA) has received a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for a 50 MW wind power project in Gujarat, adding to its renewable energy portfolio. 🔑 Key Highlights 🌬️ Project Capacity: 50 MW 💵 Tariff: ₹3.51 per unit (kWh) 📅 Contract Duration: 25 years 🤝 Awarding Entity: Gujarat Urja Vikas Nigam Limited (GUVNL) 📝 Next Step: Power Purchase Agreement (PPA) to be executed after tariff adoption by the Gujarat Electricity Regulatory Commission (GERC) 🏗️ Commissioning Timeline: Within 24 months of PPA execution 📈 Why This Matters The proposed project adds long-term power-supply capacity to Powerica’s wind-energy business. A 25-year power-supply arrangement can provide revenue visibility once the required agreements and regulatory steps are completed. Investors should track the PPA signing, project financing, commissioning schedule and generation performance. The LoI is an important milestone, but it is not the same as a fully executed PPA or an operational wind farm. #Powerica #POWERICA #WindEnergy #RenewableEnergy #GreenEnergy #StockMarketIndia #EnergyStocks #StockYardResearch