+
ArMee Infotech Secures Rs Seven Point Four One Billion Solar EPC Orders
POWER & RENEWABLE ENERGY

ArMee Infotech Secures Rs Seven Point Four One Billion Solar EPC Orders

ArMee Infotech has secured two Letters of Award (LOAs) worth Rs seven point four one billion (bn), including GST, from Bondada Engineering for Balance of System (BOS) packages for a 600 megawatt (MW) AC solar power project at Fatehgarh in Rajasthan. The combined contracts cover a total generation capacity of 600 MW AC and strengthen the company's presence in the renewable energy engineering, procurement and construction (EPC) segment.

The project has been divided into two blocks. Block one, with a capacity of 300 MW AC, has been awarded at a contract value of Rs three point seven five billion (bn), including GST, while Block three, also with a capacity of 300 MW AC, carries a contract value of Rs three point six six billion (bn), including GST.

Under the scope of work ArMee Infotech will undertake engineering, procurement, manufacturing, supply, erection, installation, testing and commissioning of the BOS works and the associated power evacuation infrastructure required for the plants. The contracts also include three years of operation and maintenance (O&M) and annual maintenance contracts (AMC) for designated plant equipment in accordance with the project's technical specifications and quality standards.

The LOAs have been issued pending the execution of definitive EPC BOS agreements and the company has indicated that project execution, commercial terms and timelines will be implemented on a back-to-back basis once those agreements are executed. Management stated the awards expand the renewable energy order book and align with the company's strategy to build a diversified portfolio across EPC execution, power infrastructure and clean energy solutions. ArMee received in-principle approval from the Securities and Exchange Board of India in February 2026 for a proposed initial public offering and is expected to be listed on the BSE and NSE.

ArMee Infotech has secured two Letters of Award (LOAs) worth Rs seven point four one billion (bn), including GST, from Bondada Engineering for Balance of System (BOS) packages for a 600 megawatt (MW) AC solar power project at Fatehgarh in Rajasthan. The combined contracts cover a total generation capacity of 600 MW AC and strengthen the company's presence in the renewable energy engineering, procurement and construction (EPC) segment. The project has been divided into two blocks. Block one, with a capacity of 300 MW AC, has been awarded at a contract value of Rs three point seven five billion (bn), including GST, while Block three, also with a capacity of 300 MW AC, carries a contract value of Rs three point six six billion (bn), including GST. Under the scope of work ArMee Infotech will undertake engineering, procurement, manufacturing, supply, erection, installation, testing and commissioning of the BOS works and the associated power evacuation infrastructure required for the plants. The contracts also include three years of operation and maintenance (O&M) and annual maintenance contracts (AMC) for designated plant equipment in accordance with the project's technical specifications and quality standards. The LOAs have been issued pending the execution of definitive EPC BOS agreements and the company has indicated that project execution, commercial terms and timelines will be implemented on a back-to-back basis once those agreements are executed. Management stated the awards expand the renewable energy order book and align with the company's strategy to build a diversified portfolio across EPC execution, power infrastructure and clean energy solutions. ArMee received in-principle approval from the Securities and Exchange Board of India in February 2026 for a proposed initial public offering and is expected to be listed on the BSE and NSE.

Related Stories

Gold Stories

Next Story
Real Estate

Mumbai Central Emerges as a New Luxury Residential Corridor

Mumbai Central is emerging as a growing premium residential micro-market in South Mumbai, supported by improved connectivity, new redevelopment projects and proximity to major business districts.Residential capital values in the area are currently estimated at around ₹50,000-₹85,000 per sq ft, compared with ₹85,000 to more than ₹1.5 lakh per sq ft in parts of Worli, according to market estimates cited by industry players. The area has also recorded annual appreciation of around 14-18 per cent, although transaction activity and pricing vary across projects and locations.The area's chang..

Next Story
Technology

Bridgestone India Opens New Select Store in Pune

Bridgestone India has opened a new Bridgestone Select Store at Hinjewadi Phata in Pune, strengthening its retail presence in the city and Maharashtra.The new outlet, Deepraj Tyres, is located at Hinjewadi Phata/Wakad Bridge. Designed as a one-stop destination for passenger vehicle owners, the store offers tyres, expert guidance and wheel care services supported by modern equipment.“Pune is an important market for Bridgestone. The opening of this Select Store in the city reflects our commitment to offering customers easy access to premium products and trusted services. Our focus is on buildin..

Next Story
Infrastructure Transport

VECV, Rosmerta Partner for Authorised Vehicle Scrapping in NCR

VE Commercial Vehicles (VECV) and Rosmerta Auto Recycling Pvt Ltd (RARPL) have entered into a strategic partnership to facilitate the authorised scrapping and recycling of end-of-life (ELV) commercial vehicles across the National Capital Region (NCR).The collaboration will provide Eicher Trucks and Buses dealers and customers with access to a structured, transparent and compliant vehicle scrapping process. It aims to help commercial vehicle owners retire ageing trucks and buses through authorised channels while supporting fleet renewal and responsible resource recovery.The partnership comes as..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code