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Agni Green Power Ltd, a rising player in India’s renewable energy sector, has secured a new international work order for a rooftop solar power plant in Nepal valued at ₹10.4 million. This marks a strategic milestone for the company as it ventures into cross-border solar infrastructure, reinforcing its commitment to sustainable energy solutions and regional expansion.
Project Overview and Scope
The newly awarded contract involves the design, supply, installation, commissioning, and maintenance of a grid-connected rooftop solar power system. The project is expected to be executed within a defined timeline, with all duties and taxes included in the total contract value. While specific client details remain undisclosed, the Nepal-based installation reflects growing regional demand for decentralized clean energy solutions.
Key highlights of the Nepal rooftop solar order
• The total value of the work order stands at ₹10.4 million, indicating a mid-scale deployment suitable for institutional or commercial use
• Agni Green Power will oversee the entire lifecycle of the project, from engineering and procurement to installation and long-term maintenance
• The rooftop system will be grid-connected, allowing surplus energy to be fed back into Nepal’s local electricity network, enhancing energy efficiency and reliability
Strategic significance for Agni Green Power
• This marks Agni’s first publicly disclosed international solar project, signaling its intent to expand beyond domestic markets
• The Nepal order adds to the company’s growing portfolio of rooftop solar installations, which includes recent projects in Tamil Nadu and West Bengal
• By entering the Nepalese market, Agni positions itself as a regional player in South Asia’s renewable energy transition
Financial and operational context
• Agni Green Power reported a revenue of ₹41.1 crore in FY25, up 16.5 percent from the previous year, with net profit rising 66 percent to ₹63 lakh
• Despite modest profitability, the company has demonstrated consistent growth in order acquisition and project execution
• The Nepal contract, though relatively small in value, contributes to Agni’s order book and supports its strategy of diversifying revenue streams through international engagements
Technology and sustainability impact
• Rooftop solar systems are increasingly favored for their minimal land use, ease of installation, and ability to reduce grid dependency
• The Nepal project will likely feature Agni’s proprietary power conditioning units and monitoring systems, manufactured at its facility in Howrah, West Bengal
• By deploying solar infrastructure in Nepal, Agni contributes to regional climate goals and supports the country’s efforts to reduce reliance on imported fossil fuels
Market positioning and future outlook
• Agni Green Power’s shares recently surged 8 percent following news of a ₹4.24 crore rooftop solar order in Tamil Nadu, reflecting investor confidence in its project pipeline
• The company’s market capitalization stands at approximately ₹46 crore, with a high price-to-earnings ratio of 74.26x, indicating strong growth expectations despite modest returns
• With increasing demand for rooftop solar across South Asia, Agni is well-positioned to capture opportunities in both public and private sectors
Conclusion
Agni Green Power’s latest work order in Nepal is more than a business win—it’s a strategic leap into international markets and a reaffirmation of its role in the clean energy revolution. As the company continues to scale its operations and diversify its portfolio, this project serves as a blueprint for future cross-border collaborations. With a growing reputation for turnkey solar solutions and a commitment to sustainability, Agni Green Power is steadily carving out its place in the regional energy landscape.
Sources: Trade Brains, Agni Green Power Ltd official website, Screener.in, Agni Green Power Projects Portfolio, Inshorts
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