Oriana Power Ltd

The order involves the Engineering, Procurement, and Construction (EPC) and commissioning of a 234 MW grid-tied floating solar photovoltaic (PV) power project. The scope of work includes design and engineering, procurement and supply of plant and equipment along with mandatory spare parts, transportation, insurance, unloading, storage, execution of civil and electrical works, erection, installation, testing, and commissioning of the solar PV plant. The contract also includes comprehensive operation and maintenance of the project. The project has been awarded by a domestic entity and is scheduled to be completed within 18 months. Oriana Power operates in two key business verticals: engineering, procurement, and construction (EPC) of solar power projects and the development of solar energy solutions on a build, own, operate, and transfer (BOOT) basis. On a full-year basis, the company's consolidated net profit surged 191.7% to Rs 158.55 crore on a 157.8% rise in net sales to Rs 987.17 crore in FY25 over FY24.Powered by Capital Market - Live

Oriana Power will hold a meeting of the Board of Directors of the Company on 5 January 2026.Powered by Capital Market - Live

The total contract value is $2,487,170, and the project is to be executed within 36 months from the date of receipt of the LoA. Oriana Power is engaged in two key business verticals: EPC and operations of solar power projects, and the provision of solar energy solutions on a BOOT (build, own, operate, transfer) basis. On a full-year basis, the company's consolitaded net profit surged 191.7% to Rs 158.55 crore on a 157.8% rise in net sales to Rs 987.17 crore in FY25 over FY24. Shares of Oriana Power rose 0.60% to Rs 2,636 on the BSE.Powered by Capital Market - Live

Oriana Power will hold a meeting of the Board of Directors of the Company on 14 November 2025.Powered by Capital Market - Live

Oriana Power announced that the 12th Annual General Meeting(AGM) of the company will be held on 28 September 2025.Powered by Capital Market - Live

The project will install standalone grid-scale BESS facilities with a total capacity of 50 MW/100 MWh at Shahapur Taluk Yadagir, Karnataka. This BESS initiative aims to improve grid stability by balancing supply and demand, lowering the risk of blackouts, and boosting overall grid efficiency. The project will follow a build-own-operate model and will include Rs 27 crore in Viability Gap Funding. The execution timeline is 15 months, with revenue generation expected over a period of 12 years. Oriana Power is engaged in two main business verticals: providing EPC and operations of solar power projects and offering solar energy solutions on a BOOT (build, own, operate, transfer) basis. On a full-year basis, the company's net profit surged 192.1% to Rs 158.54 crore on a 157.8% rise in net sales to Rs 987.17 crore in FY25 over FY24.Powered by Capital Market - Live

The project will deploy standalone grid-scale Battery Energy Storage Systems (BESS) with a total capacity of 50 MW/100 MWh at Heerapura, Jaipur SS, Rajasthan. This BESS initiative aims to enhance grid stability by balancing supply and demand, reducing the risk of blackouts, and improving overall grid efficiency. The project will be executed under the Build-Own-Operate (BOO) model. This milestone highlights the company's commitment to advancing India's clean energy ecosystem and reinforces its leadership in the energy storage sector. The expected viability gap funding (VGF) is Rs 27,00,00,000 based on the current estimated project cost. The orders are to be executed within 18 months from the execution of the BESPA.The broad consideration for this order shall be Rs 188,61,12,000. The promoter/promoter group/group companies have no interest in the entity that awarded the contracts. Additionally, the contracts do not fall under related party transactions. Oriana Power specializes in solar energy solutions for industrial and commercial customers. The firm offers on-site solar projects like rooftop and ground-mounted systems, as well as off-site solar farms. On a full-year basis, the company's net profit surged 414.7% to Rs 54.35 crore on 184.2% rise in net sales to Rs 382.87 crore in FY24 over FY23. Powered by Capital Market - Live

Oriana Power will hold a meeting of the Board of Directors of the Company on 28 May 2025.Powered by Capital Market - Live

Oriana Power will hold a meeting of the Board of Directors of the Company on 27 March 2025.Powered by Capital Market - Live

This MoU aims to develop solar and battery energy storage system (BESS) projects in the Kamrup district with an investment of Rs 500 crore. The partnership supports Assam's renewable energy goals and aligns with India's commitment to sustainable energy. Oriana Power specializes in solar energy solutions for industrial and commercial customers. The firm offers on-site solar projects like rooftop and ground-mounted systems, as well as off-site solar farms. On a full-year basis, the company's net profit surged 414.7% to Rs 54.35 crore on 184.2% rise in net sales to Rs 382.87 crore in FY24 over FY23. Shares of Oriana Power declined 2.81% to Rs 1,256 on the NSE.Powered by Capital Market - Live