Solarium Green Energy Bags INR 188.53 Crore EPC Order for 50 MW Solar Project in Maharashtra

Solarium Green Energy Ltd. has received a Letter of Award (LOA) worth approximately INR 188.525 crore, excluding GST, for the execution of end-to-end EPC works for a 50 MWac Solar PV power project in Maharashtra.

The company will execute the project as a sub-contractor under a project awarded by Maharashtra State Power Generation Company Ltd.. The scope includes engineering, procurement and construction of the solar plant on a turnkey basis, along with three years of operation and maintenance services.

According to the company, the order is expected to strengthen its position in the renewable energy sector and contribute to revenues during the execution period. The timeline for completion will be specified in the definitive EPC agreement between the parties.