New Launch7 April 2026 at 12:41 pm
Prostarm Info Systems Ltd Receives ₹165 Crores LOA from Solarium Green Energy for 50 MWac Solar PV Power Project
AI Summary
Prostarm Info Systems Limited has received a Letter of Award (LOA) from Solarium Green Energy Limited as a sub-contractor for the execution of the complete Engineering, Procurement and Construction (EPC) works for a 50 MWac Solar PV Power Project, excluding 3 years of Operation & Maintenance (O&M) services in Maharashtra. The total order value is approximately ₹165 Crores (Rupees One Hundred Sixty-Five Crores only) exclusive of GST. The order is awarded by a domestic entity and the time period for execution will be specified in the definitive EPC Agreement.
Key Highlights
- Prostarm Info Systems Ltd receives LOA from Solarium Green Energy Limited for a 50 MWac Solar PV Power Project in Maharashtra.
- The total order value is approximately ₹165 Crores exclusive of GST.
- Prostarm Info Systems to execute the complete Engineering, Procurement and Construction (EPC) works for the project.
- The project does not involve any related party transactions.
- The time period for execution will be specified in the definitive EPC Agreement.