Solarworld Energy Solutions Limited has informed the Exchange about Bagging/Receiving of orders/contracts
SOLARWORLD · price
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Solarworld Energy Solutions has received a Letter of Award from NTPC Limited for an EPC contract to set up a 50 MW / 100 MWh Battery Energy Storage System (BESS) at the Feroze Gandhi Unchahar Thermal Power Station (Lot-2). The order is valued at approximately INR 108.22 Crore (excluding taxes) and is to be completed within 15 months. The contract is a domestic order with no related party interest from the promoter or group companies. The award was communicated to the exchanges on March 30, 2026.
This is a positive development — winning an EPC order from NTPC, a major government PSU, adds to Solarworld's order book and strengthens its credibility in the BESS segment. The INR 108+ Crore contract provides visible revenue over the next 15 months, which could support future earnings and improve investor sentiment.