Orient Green Power Company Ltd Enters 1.5 MW Wind Turbine Contract with Pioneer Wincon Energy Systems
Orient Green Power Company Ltd, through its subsidiary Clarion Wind Farm Private Limited, has secured a contract for the supply of wind turbines aimed at re-powering an existing wind farm.The deal was approved by the Investment/Borrowing/Banking Committee of the Board of Directors of Clarion Wind Farm Private Limited, a Material Stepdown Subsidiary of Orient Green Power Company Ltd. The committee approved the contract during its meeting held on April 17, 2026. Accordingly, Clarion signed and executed the contract with M/s Pioneer Wincon Energy Systems Pvt Limited (Pioneer) on the same date.
The agreement involves Pioneer supplying 2 numbers of P57-750 KW Wind Turbine Generators (WTG), aggregating to a total capacity of 1.5 MW. The turbines are designated for re-powering the existing wind farm located at the Devarkulam site in Tamil Nadu.
Key details of the contract with Pioneer Wincon Energy Systems Pvt Limited include:
| Detail | Description |
|---|---|
| Contractor Name | Pioneer Wincon Energy Systems Pvt Limited (Pioneer) |
| Nature of Contract | Supply of 2 numbers of P57-750KW WTG |
| Total Capacity | 1.5 MW |
| Consideration | Rs. 8.61 Crores (inclusive of GST) |
| Timeline | 10 weeks |
| Contract Type | Domestic Entity (Domestic) |
The contract was executed with Pioneer Wincon Energy Systems Pvt Limited, a domestic entity, and the transaction was confirmed to be neither related party in nature nor did it involve any interest from the promoter group.
Stock Price Movement
Orient Green Power Company Ltd shares settled at ₹11.03 on Friday, ticking up 1.10% for the day. Throughout trading, the shares tested a range, moving between a low of ₹10.95 and a peak of ₹11.23.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.