New Launch1 April 2026 at 03:14 pm
Solarium Green Energy Receives ₹188.525 Crore LOA as Sub-Contractor for 50MW Solar PV Power Project
AI Summary
Solarium Green Energy Ltd. has announced receipt of a Letter of Award (LOA) dated April 01, 2026, as a sub-contractor for execution of End-to-End Engineering, Procurement and Construction (EPC) works for a 50 MWac Solar PV Power Project in Maharashtra. The total order value is approximately ₹188.525 Crore (Rupees One Hundred Eighty-Eight Crore Fifty-Two Lakh and Fifty Thousand only) exclusive of GST. This order is expected to strengthen the Company’s presence in the renewable energy sector and contribute to the Company’s revenues over the project execution period.
Key Highlights
- Solarium Green Energy received a Letter of Award (LOA) for a 50 MWac Solar PV Power Project in Maharashtra.
- The total order value is approximately ₹188.525 Crore exclusive of GST.
- The project includes 3 years of Operation and Maintenance (O&M) services.
- This order is expected to strengthen the Company’s presence in the renewable energy sector.
- The project is awarded by Maharashtra State Power Generation Company Limited (MAHAGENCO).