Solarworld Energy Solutions Limited has informed the Exchange about Bagging/Receiving of orders/contracts
SOLARWORLD · price
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Solarworld Energy Solutions Limited has received a Letter of Award from NTPC Renewable Energy Limited (a subsidiary of NTPC Green Energy Limited) for the Balance of System (BOS) package covering Block-IX with a capacity of 200MW. The contract is part of a larger 1000MW grid-connected solar PV project being developed at Bikaner, Rajasthan. The order value is approximately Rs. 267.53 crores (including taxes), and the scope includes comprehensive Operation & Maintenance services for three years. The project is to be completed within 19 months. This is a domestic order placed by a government-owned entity.
This is a significant contract win for Solarworld, representing a major 200MW solar project from NTPC Group, a blue-chip government PSU. The Rs. 267.53 crore order value is likely material to the company's revenue and demonstrates strong order book visibility in the renewable energy sector.