Zodiac Energy received a Letter of Intent for a 6MWp solar power plant with battery storage in Lusaka, Zambia from an undisclosed international entity.
The turnkey project is valued at $3,288,000 (₹30.85 crore) and includes design, supply, installation, and commissioning on a Delivery on Place basis.
Execution timeline is approximately 9 months from LOI receipt, with no promoter group or related party involvement in the awarding entity.
This international order is expected to strengthen the company's presence in the renewable energy sector and contribute to future revenues.