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.

Next Story
Resources

K2 Infragen appoints D K Raju to lead HAM projects

K2 Infragen has appointed D K Raju as Senior Vice President to lead its Hybrid Annuity Model (HAM) project portfolio, strengthening the company's execution capabilities as it expands its infrastructure business.Raju brings more than 27 years of experience in infrastructure project execution, planning, quantity surveying, tendering and technical operations. He has previously held senior positions at HG Infra Engineering, Allone Infra and Techno Unique Infratech.In his new role, Raju will oversee execution of K2 Infragen's Rs 3.91 billion Telangana road project under the Hybrid Annuity Model, in..

Next Story
Infrastructure Urban

AI Data Centre Leaders Map India’s Infrastructure Roadmap

Mumbai, 22 July 2026: As artificial intelligence reshapes global digital infrastructure, industry leaders gathered in Mumbai today at the AI-Powered Data Centre Conference 2026 to discuss how India can build the capacity, technology and ecosystem required to emerge as a global AI infrastructure hub. Organised by ASAPP Info Global Group and conceptualised by FIRST Construction Council, the conference revolved around the theme, “From Capacity Gap to AI Superpower: Building India's Digital Backbone for the Intelligence Economy.” Bringing together developers, technology providers, enterpr..

Next Story
Real Estate

SPML Infra raises over Rs 1.9 billion through preferential issue

SPML Infra has raised more than Rs 1.9 billion through a preferential issue of equity shares and convertible warrants, aimed at strengthening its balance sheet, funding growth and converting debt into equity.The company's board approved the allotment of 693,999 equity shares and 9.54 million convertible warrants at Rs 186 per security. The warrants are convertible into equity shares within 18 months in accordance with SEBI regulations.As part of the transaction, National Asset Reconstruction Company (NARCL) converted an existing loan of Rs 71.6 million into 384,858 equity shares. SPML said the..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement