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As on : 08-Jan-2026
Corporate News
08-Jan-2026     15:19

Promax Power receives LoA from Hubli Electricity Supply Company

Promax Power has received a Letter of Award (LOA) dated 07 January 2026 from Hubli Electricity Supply Company (HESCOM), a Government of Karnataka undertaking, for setting up a 6.0 MW (AC) grid-connected solar power project under the Build, Own and Operate (BOO) / RESCO model. The project is expected to generate revenue of about Rs 70-75 crore over a period of 25 years from commercial operation date.

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