Oriana Power Secures Rs 214.80 Crore Solar EPC Project in Rajasthan

NEW DELHI — Renewable energy solutions company Oriana Power Limited announced on August 19, 2026, that it has secured a domestic Engineering, Procurement, and Construction (EPC) contract valued at Rs 214.80 crore (including GST). Under the agreement, the company will set up solar power projects aggregating to 50 megawatts (MW) capacity in Rajasthan for a prominent player in the cement industry.

The regulatory filing, submitted under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements (LODR), underscores growing commercial demand among industrial players seeking to cut operational carbon emissions and transition toward sustainable energy sources.

Contract Execution Timeline and Scope of Operation

According to the official exchange disclosure made to the National Stock Exchange of India (NSE), the total contract covers end-to-end EPC services alongside long-term operation support. Oriana Power will complete the project setup within a 9-month execution timeline.

Following successful commissioning, the company will handle Operation and Maintenance (O&M) responsibilities for 10 years starting from the Commercial Operation Date (COD) and official project handover.

• Contract Value: Rs 214.80 crore (inclusive of GST).

• Execution Period: 9 months from award.

• Maintenance Mandate: 10 years O&M post-commissioning.

• Project Location: Rajasthan, India.

Strategic Governance and Compliance Disclosures

In compliance with SEBI requirements, Oriana Power confirmed that the contract was awarded by a domestic entity operating within the cement sector. The company clarified that neither the promoter nor promoter group holds any interest in the ordering entity. Additionally, the transaction does not fall under related-party transactions and was conducted on an arm's length basis.

This order reinforces Oriana Power's balance sheet growth in its turnkey project execution segment, adding to its ongoing portfolio across industrial and commercial renewable installations.

Official Sources Section

Operational and financial disclosures according to regulatory filings made with the National Stock Exchange of India (NSE) and official announcements from Oriana Power Limited.

Quote Section

"According to officials, the contract underscores Oriana Power's capabilities in providing turnkey engineering, procurement, and commissioning solutions for high-capacity renewable installations tailored to heavy industrial consumers."

Why It Matters

Industrial manufacturing sectors, particularly cement production, require significant energy inputs. Transitioning 50 MW of power consumption to solar infrastructure helps cut carbon intensity, lower long-term grid power expenses, and support national net-zero sustainability commitments. For investors, the long-term 10-year O&M agreement provides steady, recurring revenue streams beyond the initial construction phase.

Key Facts at a Glance

• Total Project Capacity: 50 MW solar power project in Rajasthan.

• Aggregate Order Value: Rs 214.80 crore inclusive of GST.

• Execution Timeframe: Complete setup within 9 months.

• Long-Term Service: 10-year Operation and Maintenance (O&M) contract.

• Regulatory Compliance: Disclosed to NSE under SEBI LODR Regulation 30.

Frequently Asked Questions

What is the value of the solar EPC contract awarded to Oriana Power?

The aggregate value of the domestic EPC contract is Rs 214.80 crore, which includes applicable Goods and Services Tax (GST).

Where will the 50 MW solar power project be installed?

The solar energy infrastructure will be developed and installed in the state of Rajasthan, India.

How long will Oriana Power maintain the solar plant after commissioning?

Oriana Power will provide Operation and Maintenance (O&M) services for 10 years following the Commercial Operation Date (COD) and formal handover.

Source: Official regulatory disclosures filed with the National Stock Exchange of India (NSE) by Oriana Power Limited.