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Solarworld Energy Solutions Ltd has signed a term sheet for a 200 MWAC/272 MWP solar power project valued at approximately ₹8.03 billion. This significant order boosts the company's growing pipeline, strengthening its leadership in India's expanding renewable energy sector and supporting India’s sustainable development goals.
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Solarworld Energy Solutions Ltd., a key player in India’s solar EPC (Engineering, Procurement, and Construction) market, has secured a major order valued at about ₹8.03 billion for a 200 MWAC/272 MWP solar power project. The company has recently signed the term sheet for this large-scale assignment, marking a vital milestone in its ongoing growth narrative.
Key Highlights
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Project Scale: The 200 MWAC (272 MWP) project represents one of the company’s biggest orders, showcasing Solarworld’s capacity to manage and deliver large utility-scale solar installations.
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Expanding Pipeline: With an order book already running into thousands of crores, this addition further strengthens Solarworld’s portfolio in EPC services and Battery Energy Storage Systems (BESS).
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Execution Excellence: Solarworld has demonstrated consistent execution capabilities backed by a successful track record of completed projects totaling over 253 MW AC, with ongoing projects over 765 MW AC.
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Strategic Vision: This order aligns with India’s clean energy drive, supporting decarbonization initiatives and sustainable infrastructure development across diverse geographies.
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Market Positioning: Growing government focus on renewable energy coupled with Solarworld's end-to-end expertise positions the company favorably within India’s burgeoning solar market.
The company’s commitment to scaling operations and technological innovations is expected to enhance cost efficiency and client satisfaction further.
Sources: Business Upturn, Economic Times, Solarworld Energy Solutions official disclosures.
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