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Promax Power receives LoA from Hubli Electricity Supply Company

Jan 08,2026

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.

75,052.07 492.83 ( 0.66%)

49,785.17 59.69 (0.12%)

7,421.51 -12.33 (-0.17%)

63,198.64 456.07 (0.73%)

10,253.59 -15.84 (-0.15%)

95.14 0.72 (0.77%)

111.99 0.76 (0.69%)

129.47 0.85 (0.66%)

0.61 0.00 (0.51%)