Ahasolar Wins Rs 10 mn Consultancy Order For Five MW Solar Plant

18 May 2026 CW Team

Ahasolar Technologies said it has received a work order to provide consultancy services as project management consultancy for DC capacity upgradation of the five megawatt (MW) Ramgarh solar plant in Jaisalmer from a domestic entity in India. The consultancy engagement is priced at around Rs 10 million (mn), inclusive of goods and services tax. The order marks a commercial win for the company in its core solar engineering services.

The assignment will require the firm to oversee technical and administrative aspects of the upgradation, coordinate with site teams and vendors, and manage timelines and quality controls. As a project management consultancy, the scope is advisory and supervisory rather than capital investment, with the company to deliver planning, monitoring and commissioning support under the contract. The work order adds to the firm’s project pipeline and is aligned with its focus on utility-scale solar interventions.

On the equity front, the company’s shares were last traded on the Bombay Stock Exchange at Rs 90, compared with a previous close of Rs 92. Total traded volume for the session was 6,400 shares across 16 trades, while the stock registered an intraday high of Rs 109.90 and an intraday low of Rs 88.40. The net turnover for the day stood at Rs 592,764, reflecting the market activity around the announcement.

The company disclosed the order in a brief regulatory announcement published on EquityBulls, without providing a detailed project timeline or financial impact beyond the contract value. Market participants will assess the contribution of the engagement to near-term revenue and margins as the firm executes the scope, while the firm is expected to proceed with standard compliance and reporting obligations. The addition underlines continued demand for specialised consultancy services in utility-scale solar projects within domestic markets.

Equipment

18 May 2026

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