Hazoor Multi Projects Secures ₹913 Crore EPC Contract from Apollo Green Energy
By Shishta Dutta | Updated at: Oct 8, 2025 04:49 PM IST
Mumbai, July 5, 2025: Hazoor Multi Projects Ltd (BSE: 532467) has received a Letter of Award (LoA) from Apollo Green Energy Ltd for executing a ₹913 crore solar EPC project, as per a regulatory filing under SEBI Regulation 30.
The awarded contract involves engineering, procurement, and construction (EPC) of a 200 MW grid-connected solar PV power project at Gujarat State Electricity Corporation Ltd’s (GSECL) Renewable Energy Solar Park in Khavda (Stage-3), Gujarat. The project is expected to be completed by March 2026.
Key Project Details
| Particulars | Details |
|---|---|
| Client | Apollo Green Energy Ltd (formerly Apollo International Ltd) |
| Scope | EPC: Design, Engineering, Supply, Construction, Erection, Testing, and Commissioning |
| Project Size | 200 MW Solar PV |
| Location | GSECL’s RE Solar Park, Khavda (Stage-3), Gujarat |
| Order Value | ₹913 crore |
| Execution Timeline | Till March 2026 |
| Contract Nature | Domestic, Non-related party EPC contract |
| SEBI Regulation | Disclosure under Reg. 30, LODR, and SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 (dated Nov 11, 2024) |
Summary:
Hazoor’s new project win signals continued momentum in India’s renewable infrastructure push, aligning with the nation’s ambitious solar capacity goals. The award is significant in scale and reinforces Hazoor Multi Projects’ growing presence in the solar EPC space.
About the Company
Hazoor Multi Projects Ltd is a BSE-listed infrastructure development company primarily engaged in road and energy projects. The company is expanding its portfolio into green energy solutions, positioning itself as a key EPC player in India’s transition to clean energy.
REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/dfce8601-9f20-42e7-ab69-d38213866734.pdf
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