Development Advance Solution Named Preferred Bidder for Solar Power Projects; Shares Jump 13%

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Development Advance Solution (KRX:058730) was selected as the preferred bidder for the engineering, procurement, and construction (EPC) and operations and maintenance (O&M) contracts for the Sinan Mitra 1 & 2 and Horus solar power projects.

The contract value has yet to be finalized, as it will depend on the execution of the definitive agreement. It will represent at least 5% of the most recent revenue, which is 273.2 billion won, according to a Wednesday filing with the Korea Exchange.

Shares of Development Advance Solution jumped over 13% in recent trade.

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It will represent at least 5% of the most recent revenue, which is 273.2 billion won, according to a Wednesday filing with the Korea Exchange.</p><p>Shares of Development Advance Solution jumped over 13% in recent trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PW","symbol_name":"Power REIT","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2662610557","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2662610557","pubTimestamp":1787714740,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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