+
Solarium Green Secures Rs1.86 Billion EPC Contract for 65 MW Plant
POWER & RENEWABLE ENERGY

Solarium Green Secures Rs1.86 Billion EPC Contract for 65 MW Plant

Solarium Green has strengthened its utility-scale solar presence after securing an engineering, procurement and construction (EPC) contract valued at Rs1.86 billion (bn) to build a 65 megawatt (MW) direct current plant in Maharashtra. The assignment will cover design, procurement of modules and inverters, site civil works and grid interconnection for the solar farm. The company indicated the project advances its strategy of pursuing larger utility projects across regional markets.

The scope of work includes detailed engineering, supply of major electrical equipment, installation, testing and commissioning and provision of operations support during the initial handover period. Project execution will follow recognised industry standards and include measures for quality assurance, safety and environmental management at site. Delivery of such EPC contracts typically entails coordination with local transmission utilities and compliance with state regulations. Real-time monitoring and data reporting will form part of the handover to operations teams to ensure performance verification.

Management described the contract as instrumental in scaling the company's project pipeline and strengthening its execution credentials in the utility segment. The project is also expected to support local employment during construction and make use of domestic supply chains where feasible to streamline logistics. The award complements earlier wins that together form a larger portfolio of capacity under development for the firm.

The contract size lifts Solarium Green's order book and provides near-term revenue visibility for project execution phases. The company stated that mobilisation has commenced and that site work will proceed in accordance with the agreed schedule and regulatory clearances. Analysts noted the development underlines continued investor interest in utility solar deployment across the region. The firm highlighted that such projects contribute to national renewable targets and support grid decarbonisation while offering predictable long-term cash flows once operational.

Solarium Green has strengthened its utility-scale solar presence after securing an engineering, procurement and construction (EPC) contract valued at Rs1.86 billion (bn) to build a 65 megawatt (MW) direct current plant in Maharashtra. The assignment will cover design, procurement of modules and inverters, site civil works and grid interconnection for the solar farm. The company indicated the project advances its strategy of pursuing larger utility projects across regional markets. The scope of work includes detailed engineering, supply of major electrical equipment, installation, testing and commissioning and provision of operations support during the initial handover period. Project execution will follow recognised industry standards and include measures for quality assurance, safety and environmental management at site. Delivery of such EPC contracts typically entails coordination with local transmission utilities and compliance with state regulations. Real-time monitoring and data reporting will form part of the handover to operations teams to ensure performance verification. Management described the contract as instrumental in scaling the company's project pipeline and strengthening its execution credentials in the utility segment. The project is also expected to support local employment during construction and make use of domestic supply chains where feasible to streamline logistics. The award complements earlier wins that together form a larger portfolio of capacity under development for the firm. The contract size lifts Solarium Green's order book and provides near-term revenue visibility for project execution phases. The company stated that mobilisation has commenced and that site work will proceed in accordance with the agreed schedule and regulatory clearances. Analysts noted the development underlines continued investor interest in utility solar deployment across the region. The firm highlighted that such projects contribute to national renewable targets and support grid decarbonisation while offering predictable long-term cash flows once operational.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Assam Gets Approval For 350,000 PMAY Homes

Assam Chief Minister Himanta Biswa Sarma met Union Agriculture Minister Shivraj Singh Chouhan in New Delhi, where the minister handed an approval document for 310,000 new homes under the Pradhan Mantri Awas Yojana. The chief minister subsequently posted on X expressing gratitude and noting that the minister had formally handed approval for 380,000 homes as well. The release and the social media post contained varying figures, with broader references to 350,000 homes reported in some summaries. The approvals carry central assistance equivalent to Rs 50 billion (bn), corresponding to the five th..

Next Story
Infrastructure Urban

KPIGreen Achieves Highest Energised Capacity of 630+ MW DC

KPI Green Energy energised more than 630 MW DC of capacity in the June to August quarter, marking the highest quarterly addition in the company's history. The capacity was brought online across its Independent Power Producer (IPP) and Engineering, Procurement and Construction (EPC) businesses. The company said the achievement reflected the scale, speed and consistency of its project execution engine. The firm described the quarter as a material operational milestone since its founding. The milestone covers a diversified mix of IPP assets and projects executed under the EPC vertical, spanning u..

Next Story
Infrastructure Energy

Adani Energy Solutions Wins Rs 47 bn Maharashtra Transmission Project

Adani Energy Solutions has won a transmission contract in Maharashtra valued at Rs 47 billion (Rs 47 bn) to evacuate 4,500 megawatt (MW) of renewable and storage power. The company informed exchanges that the project will facilitate pumped storage potential near Satara and strengthen the inter-regional corridor between the Western and Southern grids. The award follows a competitive bidding process and will support renewable energy evacuation to major load centres in the state. The scope includes establishment of a 765/400 kV substation at Satara, construction of a Kolhapur-Satara 765 kV double..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code