Oriana Power Lands $12M Solar Project
POWER & RENEWABLE ENERGY

Oriana Power Lands $12M Solar Project

Oriana Power, a renewable energy firm based in Noida, has secured a ₹1 billion ($12.08 million) contract for the turnkey engineering, procurement, and construction (EPC) of a 29 MW captive open-access solar project in Karnataka for a prominent steel manufacturer. The project is expected to be commissioned within five months and includes design, engineering, supply, installation, and one year of operation and maintenance services.

This achievement follows another contract worth ₹343.90 million ($4.14 million) for a 7 MWdc solar power project for a cement company in Rajasthan. Oriana Power has delivered over 100 MW of solar projects under both the Capital Expenditure (CAPEX) and Renewable Energy Service Company (RESCO) models.

In addition, the company recently won an auction to build a 20 MW ground-mounted solar photovoltaic power project in Dhanbad, Jharkhand, for Bharat Coking Coal, a Coal India subsidiary. Oriana Power has also been added to the Solar Energy Corporation of India's list of empanelled EPC contractors for 5.98 MW of grid-connected rooftop solar systems.

Karnataka, where the project is located, is a significant hub for solar open access, accounting for over 34% of cumulative solar open-access capacity in India as of H1 2023, according to the Mercom India Solar Open Access Market Report. This move toward renewable energy aligns with the Indian government's consideration of mandating the use of "green steel" in government projects as part of efforts to decarbonise the steel sector.

Oriana Power, a renewable energy firm based in Noida, has secured a ₹1 billion ($12.08 million) contract for the turnkey engineering, procurement, and construction (EPC) of a 29 MW captive open-access solar project in Karnataka for a prominent steel manufacturer. The project is expected to be commissioned within five months and includes design, engineering, supply, installation, and one year of operation and maintenance services.This achievement follows another contract worth ₹343.90 million ($4.14 million) for a 7 MWdc solar power project for a cement company in Rajasthan. Oriana Power has delivered over 100 MW of solar projects under both the Capital Expenditure (CAPEX) and Renewable Energy Service Company (RESCO) models.In addition, the company recently won an auction to build a 20 MW ground-mounted solar photovoltaic power project in Dhanbad, Jharkhand, for Bharat Coking Coal, a Coal India subsidiary. Oriana Power has also been added to the Solar Energy Corporation of India's list of empanelled EPC contractors for 5.98 MW of grid-connected rooftop solar systems.Karnataka, where the project is located, is a significant hub for solar open access, accounting for over 34% of cumulative solar open-access capacity in India as of H1 2023, according to the Mercom India Solar Open Access Market Report. This move toward renewable energy aligns with the Indian government's consideration of mandating the use of green steel in government projects as part of efforts to decarbonise the steel sector.

Next Story
Infrastructure Urban

Cabinet Approves Rs 1 Lakh Cr Employment Incentive Scheme

The Union Cabinet has approved the Employment Linked Incentive (ELI) Scheme with an outlay of Rs 99,446 crore to generate over 3.5 crore jobs over two years. The scheme supports both employees and employers, especially in the manufacturing sector.First-time employees earning up to Rs 1 lakh will get up to Rs 15,000 in two instalments. Employers hiring two or more workers will receive incentives up to Rs 3,000 per month for up to four years. The scheme also promotes savings and financial literacy among youth...

Next Story
Infrastructure Transport

Cabinet Clears Rs 1,853 Cr Four-Lane Highway in Tamil Nadu

The Union Cabinet has approved the four-laning of the 46.7 km Paramakudi-Ramanathapuram stretch of NH-87 in Tamil Nadu at a cost of Rs 1,853 crore under the Hybrid Annuity Model. The project will ease traffic congestion and improve connectivity between key towns and economic zones.The highway links five NHs and three SHs, and connects to Madurai airport, Rameshwaram port, and major railway stations. It is expected to generate 18 lakh+ person-days of employment and boost tourism and trade in the region. ..

Next Story
Infrastructure Energy

Minister Inaugurates New Tech, Campaigns at SECL Mines

Union Minister of State Shri Satish Chandra Dubey visited SECL mines, inaugurating a low-height Continuous Miner at Chirimiri’s NCPH mine and a mechanical ventilator at Churcha mine. He praised the use of advanced technology to boost safe underground coal production, targeting 100 million tonnes by 2030.He also planted trees under ‘Ek Ped Maa Ke Naam’, inaugurated bio-toilets for women miners, and honoured workers. In Raipur, he met Chhattisgarh CM to discuss land acquisition for coal projects. ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?