Agni Green Power Ltd Secures ₹12 Million Solar Project Order, Extends Winning Streak in Green Energy Solutions

Unknown Apr 02, 2026 650 Views

Agni Green Power Ltd, a leading provider of turnkey solar PV power plant solutions, has announced the receipt of a new work order valued at ₹12 million. This latest win adds to a series of recent orders and highlights the company’s continued momentum in India’s fast-growing renewable...

New ₹12 Million Order:

Agni Green Power has secured an order worth ₹12 million, further strengthening its order book for FY2026. While specific client details have not been disclosed, the order is expected to involve the design, supply, installation, and commissioning of a solar PV system—consistent with Agni’s core business focus.

Consistent Order Wins:

The company has been on a winning streak, recently bagging orders worth ₹25.8 million (Nov 2024), ₹23.8 million (Jan 2025), and ₹15.2 million (Mar 2025), along with a notable ₹4.71 crore (₹47.1 million) project for a 1 MW rooftop solar plant from POWER GRID India in May 2025. These repeated wins underscore Agni’s strong market presence and execution capabilities.

Business Strengths:

Agni Green Power specializes in turnkey solar PV projects for both standalone and grid-connected systems, serving clients across India from its headquarters in Kolkata and regional offices throughout the country. The company is ISO 9001:2015, ISO 14001:2015, and OH&S 45001:2018 certified, delivering high-quality power conditioning units and balance of system (BOS) products from its modernized Howrah factory.

Growth and Recognition:

Agni’s rapid order inflow is matched by its commitment to sustainability and rural development, recently earning the ASSOCHAM Annual Excellence Award for Sustainable Solar Project in Rural Development for 2025. Its expanding portfolio includes solar installations, EV charging stations, and battery swapping infrastructure.

Financial and Market Position:

With a market cap of ₹43 crore and a 52-week share price range of ₹17.90–₹74.70, Agni Green Power is a micro-cap player showing resilience and growth in the competitive engineering and renewable energy sector. Despite modest sales growth and profitability, its robust order pipeline and sectoral tailwinds offer a positive outlook.

Insight

Agni Green Power Ltd’s latest ₹12 million order reinforces its status as a nimble and reliable partner in India’s solar energy revolution. With a steady stream of new contracts, a focus on quality, and a growing reputation for delivering sustainable solutions, the company is well-positioned to capitalize on the country’s accelerating transition to renewable energy.

Source:: Zerodha, Agni Green Power Official Website, Screener, Business Standard

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