Deals30 Jun 2026, 02:01 pm
GRE Renew Enertech Secures ₹175 Cr EPC Contract for 50 MW Solar Project
AI Summary
GRE Renew Enertech Ltd has received a Letter of Award (LOA) from Solarium Green Energy Limited for Engineering, Procurement, and Construction (EPC) works on a utility-scale, ground-mounted Solar PV Project. The project involves developing approximately 50 MW AC / 65 MW DC capacity, including associated infrastructure. The contract also includes Operation & Maintenance (O&M) services for three years. The total contract value is ₹175 crore, with ₹170 crore for EPC and ₹5 crore for O&M, exclusive of taxes. This award is in the ordinary course of GRE Renew Enertech's business.
Key Highlights
- Received LOA for 50 MW AC / 65 MW DC Solar PV Project.
- Contract value stands at ₹175 crore (₹170 Cr EPC, ₹5 Cr O&M).
- Includes 3 years of Operation & Maintenance services.
- Project is in the ordinary course of business.
- Awarded by Solarium Green Energy Limited, a domestic entity.
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