In a robust pursuit of the renewable space, Solarworld Energy Solutions today signed a binding term sheet to undertake the engineering, procurement and construction (EPC) works on a 200 MWac/272 MWp ground mounted large-scale solar power project.
The commercial order worth of this is ₹802.84 crore, and is a major victory for the company's project pipeline.
The project is yet another achievement for the solar energy company that has developed an over 1 GW portfolio in India in over 12 years of operation. Solarworld Energy Solutions offers end to end solar EPC, large solar park development and bespoke rooftop and ground mounted solutions for commercial, industrial and utility customers.
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From the industry perspective, the deal is in line with the company's market leadership in the growing domestic solar market, fueled by policy incentives and rising demand for clean energy. The order size indicates increased confidence on the part of large-scale renewable energy developers to outsource EPC activities to seasoned participants. With delivery now secured, Solarworld Energy Solutions will be able to turn its order backlog into revenue momentum.
Financially, it reported a consolidated net profit of ₹77.43 crore and total income of ₹544.77 crore as on 31 March 2025. Winning of orders will contribute towards its revenue streams and will increase visibility of future revenues. The stock that debuted on 30 September 2025 at ₹389 (a 10.83 % premium to issue price of ₹351), is now in the limelight again.
Overall, this order victory is a significant milestone for Solarworld Energy Solutions and evidences the positive tailwinds in India's solar EPC industry.
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