In a major boost to India’s clean energy ambitions, Agni Green Power Ltd, a leading player in the renewable energy sector, has announced the receipt of a new work order valued at ₹42.4 million. The announcement, made via regulatory filing under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements (LODR), marks a significant milestone in the company’s ongoing expansion into solar and hybrid energy infrastructure.
The work order, awarded by an undisclosed client, is expected to cover the design, supply, installation, and commissioning of solar power systems across multiple industrial and commercial sites in Eastern India. The project is slated to begin in September 2025, with completion targeted within the next two quarters.
“This order reinforces our commitment to delivering sustainable energy solutions at scale,” said a senior executive at Agni Green Power Ltd. “We are proud to contribute to India’s green transition while creating value for our stakeholders.”
About Agni Green Power Ltd
Founded in 1995, Agni Green Power Ltd has emerged as a trusted name in India’s renewable energy landscape. Headquartered in Kolkata, the company specializes in:
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Solar photovoltaic (PV) systems
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Hybrid energy solutions
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Energy audits and consulting
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Turnkey EPC (Engineering, Procurement, and Construction) projects
Agni Green Power has executed over 1,000 solar installations across India, ranging from rooftop systems for residential buildings to large-scale solar farms for industrial clients. The company is also a registered channel partner of the Ministry of New and Renewable Energy (MNRE) and holds ISO certifications for quality and environmental management.
Financial Snapshot
Agni Green Power Ltd is listed on the Bombay Stock Exchange under ticker 543385. The company’s financial performance has shown steady improvement over the past few quarters, driven by rising demand for solar energy and favorable government policies.
Key financial indicators (as of Q1 FY2025):
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Market Capitalization: ₹112 crore
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Promoter Holding: 73.48%
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Public Holding: 26.52%
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Revenue Growth (YoY): 22.6%
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Net Profit Margin: 8.9%
The ₹42.4 million work order is expected to contribute significantly to the company’s top line in the second half of FY2025, potentially boosting quarterly revenue by 15–18%, according to internal estimates.
Strategic Implications
This work order aligns with Agni Green Power’s strategic roadmap to:
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Expand its EPC portfolio in Tier 1 and Tier 2 cities
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Strengthen its presence in industrial solar applications
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Leverage government subsidies and incentives under the PM-KUSUM and Rooftop Solar schemes
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Enhance its technology stack with AI-powered energy monitoring systems
Industry analysts view this development as a sign of growing investor confidence in Agni’s execution capabilities and its ability to scale operations in a competitive market.
“Agni Green Power is well-positioned to capitalize on India’s renewable energy boom,” said a sector analyst. “This order could be a stepping stone to larger public-private partnerships in the future.”
Project Rollout Plan
The company has already initiated procurement and site surveys for the new project. Key components of the rollout include:
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High-efficiency solar modules sourced from domestic manufacturers
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Smart inverters and monitoring systems for real-time performance tracking
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On-site training and job creation for local technicians and engineers
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Integration with grid and off-grid systems depending on client requirements
Agni Green Power is also exploring battery storage solutions and green hydrogen pilots as part of its innovation pipeline.
The Bigger Picture
India’s renewable energy sector is projected to reach 500 GW of installed capacity by 2030, with solar expected to contribute over 280 GW. Agni Green Power’s latest win reflects the broader momentum in the industry, driven by climate goals, energy security concerns, and rising electricity demand.
The company’s ability to deliver turnkey solutions with speed and precision makes it a valuable player in the national energy transition.
Sources: Agni Green Power Ltd Company Profile – BSE India, Tofler, MNRE Channel Partners Directory
