India's Solarium Green Secures INR 1.86 Billion EPC Contract for 65 MW Solar Plant

en.Wedoany.com Reported - Solarium Green has secured an engineering, procurement, and construction (EPC) contract worth INR 1.86 billion to build a 65 MW DC solar power plant in Maharashtra. The contract covers design, procurement of modules and inverters, on-site civil works, and grid connection of the plant. The company stated that this project supports its strategy to advance utility-scale projects in regional markets.

The scope of work also includes detailed engineering, supply of major electrical equipment, installation, testing, and commissioning, as well as operational support during the initial handover phase. Project execution will follow industry standards and incorporate on-site quality assurance, safety, and environmental management measures. Completing such EPC contracts typically requires coordination with local transmission utilities and compliance with state regulations. Real-time monitoring and data reporting will be integrated into the operations team as part of the handover for performance verification.

Management believes the contract helps expand the company's project pipeline and strengthens its execution credentials in the utility sector. The project is expected to create local employment during construction and will leverage the domestic supply chain wherever possible to streamline logistics. This contract, along with other previously secured projects, forms part of the larger capacity portfolio the company is developing.

The contract value boosts Solarium Green's order book and provides near-term revenue visibility during the project execution phase. The company stated that mobilization has begun, and site construction will proceed according to the agreed timeline and regulatory approvals. Analysts believe this development indicates sustained investor interest in utility-scale solar deployment in the region. The company emphasized that such projects contribute to national renewable energy targets, support grid decarbonization, and can provide predictable long-term cash flows once the plant becomes operational.