In term of Regulation 30 of SEBI (LODR) Regulations, 2015, we are pleased to inform that our Company has received a Letter of Award of approximately of Rs. 3.63.75.265/- exclusive of GST ....
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Awaiting price reaction for this filing.
Solarium Green Energy has received a Letter of Award worth approximately ₹3.64 crore (exclusive of GST) from Numaligarh Refinery Limited (NRL), a government-owned refinery, dated September 12, 2025. The order covers EPC of grid-connected rooftop solar projects across three sites: 140 kW at NRL Assam, 760 kW at NRL Assam, and 280 kW at NRL West Bengal — totaling 1,180 kW of capacity. The contract is split into a supply contract (~₹2.92 crore), a service/installation contract (~₹55.5 lakh), and a 2-year comprehensive O&M contract (~₹16.4 lakh). Project completion is targeted within 90–120 days from the award notification. The company states the order will significantly broaden its customer base and improve profitability. The order is domestic, with no related party involvement.
Positive development — adds a credible PSU client (NRL) to the order book, providing near-term revenue visibility with execution within ~4 months plus a 2-year O&M tail. The order size is modest in absolute terms, so impact on stock price depends on Solarium's existing revenue base; for a small-cap company, this is a meaningful win.