Solarium Green Energy Secures Contract for 50 MW Solar PV Project in Maharashtra
Solarium Green Energy Ltd has secured a significant contract as a sub-contractor for an End-to-End Engineering, Procurement and Construction (EPC) project. The Letter of Award (LOA), received on June 22, 2026, involves the execution of EPC works for a 50 MW AC/65 MW DC Solar PV Power Project in Maharashtra.The project was awarded by the Maharashtra State Power Generation Company Limited (MAHAGENCO). As the sub-contractor, Solarium Green Energy Ltd will undertake the turnkey EPC works and provide Operation and Maintenance (O&M) services for a period of Three Years (Thirty-Six Months).
This contract is expected to strengthen the company's presence within the renewable energy sector and contribute significantly to its revenue over the project execution timeframe.
Project Details and Commercial Scope
The order details confirm that Solarium Green Energy Ltd will execute the EPC works in a sub-contractor capacity for this project managed by MAHAGENCO, one of its clients. The company's involvement does not constitute a related party transaction, and the awarding entity holds no interest of the promoter or promoter group.The financial parameters and key terms of the order are summarized below:
| Particulars | Details |
|---|---|
| Order Size | Approximately ₹186.525 Crore (exclusive of GST) |
| Project Scope | EPC works for a 50 MW AC/65 MW DC Solar PV Power Project |
| Role | Sub-contractor |
| Service Duration | Three Years (O&M period) |
| Awarding Entity | Maharashtra State Power Generation Company Limited (MAHAGENCO) |
The EPC execution schedule is defined within the definitive agreement to be executed between the parties.
Stock Price Movement
Solarium Green Energy Ltd closed today at ₹180.10, edging up 0.25%. The shares traded within an intraday range bounded by a low of ₹177.35 and a high of ₹181.70.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.
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