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Oriana Power Secures ₹476 Crore Order for Solar Plant with BESS in Rajasthan

Written by: Team Angel OneUpdated on: 19 Aug 2025, 6:24 pm IST
Oriana Power secures ₹476.13 crore contract to build 75 MW solar plant with 111.57 MWh battery storage in Rajasthan, to be completed within 8 months.
Oriana Power Secures ₹476 Crore Order for Solar Plant with BESS in Rajasthan
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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.

Contract Value and Timeline

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.

Scope of Work

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!

Oriana Power Share Price Performance 

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.

Conclusion

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.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Aug 19, 2025, 12:47 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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