Oriana Power surges after securing Rs 2.48 billion order from BPCL
POWER & RENEWABLE ENERGY

Oriana Power surges after securing Rs 2.48 billion order from BPCL

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.

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.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?