StockWatch
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Civil Construction
Award23 Jun 2026, 06:00 pm

Solarium Green Energy Secures ₹186.5 Cr EPC Contract

AI Summary

Solarium Green Energy Ltd has received a Letter of Award (LOA) for End-to-End Engineering, Procurement and Construction (EPC) works, including three years of Operation and Maintenance (O&M) services, for a 50 MW AC/65 MW DC Solar PV Power Project in Maharashtra. The project is awarded under a scheme by Maharashtra State Power Generation Company Limited (MAHAGENCO). The total order value is approximately ₹186.525 Crore, exclusive of GST. Solarium Green Energy will act as a sub-contractor for this project. This award is expected to bolster the company's standing in the renewable energy sector and contribute to its revenue over the project's execution period.

Key Highlights

  • Received LOA for a 50 MW Solar PV Power Project in Maharashtra.
  • Contract value is ₹186.525 Crore, excluding GST.
  • Includes EPC works and 3 years of Operation & Maintenance.
  • Company to act as a sub-contractor for the project.
  • Expected to strengthen presence in the renewable energy sector.