Solarworld Energy Share Price Jump 14% After Winning ₹725-Crore Solar Project from NTPC Renewable

Solarworld Energy Solutions share price (NSE: SOLARWORLD) jumped over 14% on Monday after the company announced that it had received a Letter of Award (LoA) from NTPC Renewable Energy Ltd.

The stock rose to an intraday high of ₹303 per share, marking its biggest single-day gain since late October. Later, it trimmed some gains and was trading around ₹293, even as the broader market remained weak.

Stock Outperforms Broader Market

At around 10:11 AM, Solarworld Energy share price was up nearly 11%, while the Nifty 50 was down about 0.03%. 

Despite the sharp rally, the stock is still down around 26% since its listing in September 2025. The company’s current market capitalisation stands at about ₹2,510 crore.

Details of the ₹725-Crore Order

Solarworld Energy has secured an EPC contract worth approximately ₹725.33 crore to develop a 250 MWac grid-connected solar photovoltaic project.

• Client: NTPC Renewable Energy Ltd
• Scope: Complete EPC (engineering, procurement and construction) work
• Project completion: FY27

The order was awarded by a domestic entity, as disclosed in the company’s exchange filing.

About Solarworld Energy Solutions

Founded in 2013, Solarworld Energy Solutions operates as a solar EPC company using an asset-light model. It offers end-to-end solar project execution while allowing customers to retain asset ownership.

The company follows a zero-upfront-investment approach, aimed at making solar adoption more cost-effective. Key clients include SJVN Green Energy and Haldiram.

In May 2024, Solarworld partnered with ZNSHINE PV-Tech to set up a solar panel manufacturing facility.

Read More:Coal India Board Approves In-Principle Listing of SECL! 

IPO and Use of Funds

Solarworld Energy made its stock market debut in September 2025.

• Fresh issue: ~₹400 crore
• Offer for Sale: ~₹50 crore
• Price band: ₹333–₹351 per share
• Lot size: 42 shares

The company plans to use the IPO proceeds mainly to invest in its subsidiary KSPL, partly funding the Pandhurna Project, with the rest allocated to general corporate needs.

Conclusion

Solarworld Energy’s sharp stock rally reflects investor optimism after the ₹725-crore NTPC Renewable order win. While the project strengthens its order book and visibility, the stock’s long-term performance will depend on execution, future order inflows, and broader trends in the renewable energy sector.

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