Solarium Green Energy bags 186.5 Cr solar EPC order from MAHAGENCO
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Solarium Green Energy has received a Letter of Award worth about 186.5 Crore (excluding GST) as a sub-contractor for a 50 MW AC/65 MW DC solar power project in Maharashtra, awarded under a MAHAGENCO project. The scope covers full EPC work plus 3 years of O&M services. The client name is not disclosed due to confidentiality. The order is domestic and is expected to boost the company's renewable energy revenue.
Substantial order win from a state PSU should support revenue growth and strengthen position in the renewable energy sector.