en.Wedoany.com Reported - Oswal Pumps has secured a 63 MW grid-connected rooftop solar project order in Bihar, India, covering three power supply areas—Motihari, Saharsa, and Ara—involving a total of 57,492 residential user installation points. This Indian rooftop solar project, awarded by North Bihar Power Distribution Company Limited and South Bihar Power Distribution Company Limited, will be implemented under the grid-connected rooftop solar model.

The installation contract for this 63 MW order is valued at approximately INR 2.47 billion, equivalent to a contract scale of around INR 247 crore. The project also includes long-term energy supply and operation and maintenance arrangements, with an estimated 10-year revenue potential of about INR 2.57 billion, bringing the total revenue opportunity to over INR 5 billion. Oswal Pumps will undertake design, engineering, procurement, installation, commissioning, and subsequent services.

This Indian rooftop solar project will be advanced under a CAPEX plus RESCO model, encompassing both initial construction revenue and subsequent energy supply and O&M revenue. With the implementation of the 63 MW grid-connected rooftop solar project, Oswal Pumps will expand its project coverage in the residential distributed solar segment, while also adding new project capacity for rooftop solar installations and local power supply supplementation in Bihar, India.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com