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.

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