GREENPOWERNSEOrient Green Power Company Limited· PowerLowNeutral
Announced Sat, 18 Apr · 10:30 IST

Orient Green Power Company Limited has informed the Exchange about General Updates

Business Updates View source PDF

GREENPOWER · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.5%1-day move
₹11.00
prior close
₹11.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.6-1.3-1.5-2.7-1.5+1.1+0.2-4.2+2.4+15.5+3.6-0.2+1.4-7.2
Up moveDown movePending
AI summary

Clarion Wind Farm Private Limited, a material stepdown subsidiary of Orient Green Power, has signed a contract with Pioneer Wincon Energy Systems Pvt Limited for the supply of 2 units of P57-750 KW Wind Turbine Generators (1.5 MW total) to re-power an existing wind farm at Devarkulam, Tamil Nadu. The total contract value is Rs. 8.61 Crores (inclusive of GST), and the work is to be completed within 10 weeks. The contract is a domestic, arm's length transaction with no related party or promoter group interest. The decision was approved by the Investment/Borrowing/Banking Committee of the subsidiary's Board on April 17, 2026.

Likely market impact

This is a modest re-powering order for the company's existing wind asset, likely to improve efficiency and output at the Tamil Nadu site. The Rs. 8.61 Crore size is small relative to typical company revenues, so the direct financial impact on shareholders is limited.