This company will set up the country's second largest solar plant, the company's shares can become rockets

The country's largest solar energy plant is going to be constructed soon in Karnataka, which is called the country's southern gate. After which it will be able to help to a great extent in meeting the shortage of electricity in the country.

Preparations are being made to set up the country's second largest solar power plant in Karnataka. For this, the Government of Karnataka has made a deal with the solar energy company Swan Energy and has provided land. After this deal, the shares of the company have got wings. The company's stock closed with a gain of 2.30 per cent on the last trading day of the week. According to experts, the company's shares can see a boom for the next three years and the multibagger can give a return of about 1800 percent to investors in the form of shares. In the last one month, the company's shares have gained more than 11 percent. has been seen. At the same time, the stock of the company has taken a jump of 32 percent in 3 months.

Can give 1800% return in 3 years

If experts are to be believed then in the coming 3 years, a big boom can be seen in the shares of the company. According to experts, the company's stock can give a return of about 1800 per cent at the level of Rs 5000, that is, compared to the current rate. At present, the company's market is Rs 7,111.24 crore. This company works not only in solar energy but also in petrochemical and defense sectors. The same company has also acquired Anil Ambani's Reliance Naval and Engineering Limited. The deal was completed in January this year.

Country's second largest solar plant

Swan Energy is going to set up the second largest solar power plant in the country. This solar plant will be built in Karnataka. For this, talks have been held with the Government of Karnataka and the State Government has also provided land to the company. According to the information, the work of this plant has reached the final stage. After the completion and commissioning of this plant, this project of Swan Energy will be helpful in meeting the power shortage in the country. According to the experts, the plant is going to be completed soon and after that the work of power generation of the company will also start. At the same time, common people will also be able to get electricity at cheap rates.

NLG project underway in Gujarat

On the other hand, Swan Energy has a lot of dominance in the LNG sector. On the other hand, with a regasification capacity of 10 MMTPA, the Swan LNG terminal located on the Jaffrabad coast in Amreli district of Gujarat has been constructed, which will prove to be very helpful in meeting the energy demand. On the other hand, the company is involved in the construction of an LNG port facility featuring floating, storage and regasification units (FSRUs) for LNG reception, storage, regasification and distribution.