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Shares of Swelect Energy Systems gained 3.3 percent intraday Tuesday as it has won 10 MW solar power project in Karnataka. The company has approved the proposal of acquiring 100 percent equity share capital of Swelect Power Systems to utilise as SPV for the above 10 MW Project from execution to operation and maintenance and passed necessary resolutions accordingly. At 09:35 hrs Swelect Energy Systems was quoting at Rs 426.90, up Rs 10.60, or 2.55 percent on the BSE.
Source:Moneycontrol
