Ahasolar Technologies Bags ₹1 Crore Consultancy Contract; Shares Slip 2%

Mumbai, May11: Ahasolar Technologies Ltd said it has received a consultancy work order for Project Management Consultancy (PMC) services related to the capacity upgradation of a 5 MW solar plant at Ramgarh, Jaisalmer, according to a regulatory filing submitted to BSE.

The company stated that the consultancy assignment has been awarded by a domestic entity, whose identity was not disclosed due to confidentiality obligations and mutual understanding with the client.

As per the filing, the consultancy contract is valued at approximately ₹1 crore, including GST. The project pertains to the upgradation of the existing 5 MW Ramgarh solar facility located in Rajasthan.

The company said the execution timeline for the consultancy contract is 15 months. The order has been classified as a domestic consultancy contract under Regulation 30 disclosure requirements.

According to the disclosure, the promoter group has no interest in the awarding entity and the contract does not fall under related party transactions.

Stock Market Snapshot

Ahasolar Technologies share price traded lower despite the work order announcement. Shares of the company were trading at ₹90.00, down 2.17%, as of 12:06 PM IST on May 11, 2026, according to market data.

The stock movement came even as investors tracked the company’s continued participation in solar infrastructure consultancy and project management assignments.

Market participants often monitor order inflows in the renewable energy consulting segment as indicators of execution pipeline and future revenue visibility.

About Ahasolar Technologies

Ahasolar Technologies Ltd operates in the renewable energy and solar consulting segment, providing technology-driven services related to solar project management, advisory and implementation support.

The company undertakes consultancy assignments across solar capacity planning, engineering coordination and project execution management for renewable energy infrastructure projects.

India’s renewable energy sector continues to witness capacity expansion and modernisation activities, particularly in utility-scale solar infrastructure.

Conclusion

The ₹1 crore consultancy mandate adds to Ahasolar Technologies’ project portfolio within the solar infrastructure segment and strengthens its presence in renewable energy consultancy services.

While the stock traded lower during the session, the order provides additional execution visibility over the next 15 months through the Rajasthan solar project engagement.

Source:

• https://www.bseindia.com/stock-share-price/ahasolar-technologies-ltd/ahasolar/543941
• https://www.bseindia.com/xml-data/corpfiling/AttachLive/4ab79588-a051-45c2-9df1-9aa96ab1bcca.pdf