We wish to inform you that the Company has entered into Memorandum of Understanding dated 10 November, 2025 with NRG Renewable Resources Private Limited for execution of solar power project ....
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▲ 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 has signed a Memorandum of Understanding dated 10 November 2025 with NRG Renewable Resources Private Limited to execute solar power projects of 51 MW (AC) / 65 MW (DC) capacity across six sites near Nagpur, Maharashtra. The total EPC contract value is Rs 277 Crores. The company has confirmed the order is from a domestic entity, with no promoter group or related party interest in the counterparty. Work execution will commence within seven days of receiving the advance payment from NRG.
This is a sizeable order win for RDB Infrastructure, expanding its footprint into the solar EPC space. Positive for revenue visibility and order book, though execution risks remain given the new domain.