We wish to inform you that the Company has entered into a Memorandum of Understanding dated 22 September, 2025 with Stargen Power Private Limited for execution of Solar Power Projects of ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
RDB Infrastructure and Power Ltd has signed a Memorandum of Understanding dated 22 September 2025 with Stargen Power Private Limited to execute solar power projects of 52 MW (AC) / 65 MW (DC) across 5 sites near Nagpur, Maharashtra. The total EPC contract price is Rs. 225 Crores. The project is a domestic order and the promoter group has no interest in Stargen Power. Execution timeline is 1 year from commissioning of all sites, with possible extensions by mutual agreement.
This Rs. 225 Crore solar EPC order strengthens RDB's order book and marks its entry into the solar power execution space, which could positively impact revenue visibility and investor sentiment.