Oriana Power surges after securing Rs 2.48 billion order from BPCL

05 Sep 2024 CW Team

Oriana Power's shares were locked in a 5% upper circuit at Rs 2,193.15 after the company secured an order valued at Rs 2.47 billion for the execution of a 52-MW solar power project from Bharat Petroleum Corporation (BPCL).

The company will develop the project for the customer under the EPC segment, which includes obtaining CTU approval, setting up transmission lines, and providing operation and maintenance (O&M) services for five years. The project is to be completed within six months, and the order is valued at Rs 2.47 billion.

Oriana Power specializes in providing solar energy solutions to industrial and commercial clients. The firm offers both on-site solar installations, such as rooftop and ground-mounted systems, as well as off-site solar farms.

For FY24, Oriana Power reported a consolidated net profit of Rs 540.35 million, a significant increase from Rs 100.56 million in FY23. Net sales for FY24 reached Rs 3.82 billion, marking a 184.2 per cent year-on-year growth.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..