Oriana Power Limited has signed an agreement to set up a 75 MW solar power plant with a Battery Energy Storage System (BESS) of 111.57 MWh in Rajasthan, as per a recent filing. The project will be executed under an Engineering, Procurement and Construction (EPC) contract covering design, engineering, supply, installation, and commissioning.
The total value of the contract is approximately ₹476.13 crore, including GST. The project has a scheduled execution timeline of eight months from the date of order and receipt of advance payment.
The order has been placed by a domestic company in the cement industry. Oriana Power confirmed that the project does not fall under related-party transactions and that neither the promoters nor the promoter group have any interest in the awarding entity.
The project includes complete EPC responsibilities for the solar plant along with storage capacity. The BESS of 111.57 MWh is designed to store electricity generated and balance the power supply as required. The work spans all phases from initial engineering to final commissioning.
The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Details of the contract have been shared with the National Stock Exchange as part of the company’s disclosure obligations.
Read more: Oriana Power Secures SECI Tender to Supply 60,000 MT of Green Ammonia!
As of 10:59 AM on August 19, 2025, Oriana Power share price was trading at ₹2255, a 2.42% increase from the previous closing price.
Oriana Power is expected to complete the 75 MW solar plus 111.57 MWh battery project in Rajasthan within eight months. The contract, valued at approximately ₹476.13 crore, marks the execution of a domestic order from the cement industry.
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Published on: Aug 19, 2025, 12:47 PM IST
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