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 the EPC implementation of a Battery Energy Storage System (BESS) at the Solapur Super Thermal Power Station (Lot-2). The project capacity is 75 MW / 150 MWh, with an order value of approximately ₹176.91 Crore (excluding taxes). The contract is to be completed within 15 months from the award date (March 30, 2026). The order is purely domestic and is not a related party transaction, as no promoter or group company interest exists in NTPC. The filing was made under SEBI Regulation 30 disclosures for material contract awards.
This is a significant order win from a prestigious government PSU client, strengthening Solarworld's order book and providing revenue visibility over the next 15 months. BESS is a high-growth segment aligned with India's energy transition push, and securing an NTPC contract adds credibility that could positively influence investor sentiment.