Promax power up 9%; secured 6 MW solar power project from HESCOM

Promax Power Ltd surged 9% to ₹23.94 after securing a 6 MW solar project from HESCOM under the BOO/RESCO model, with a 25-year contract and ₹70–75 crore revenue potential. This order marks the company’s entry into renewable power generation, strengthening its EPC and solar portfolio while providing long-term, stable recurring revenue.