Oriana Power Wins ₹214.80 Crore Solar EPC Contract; Shares Rise 3.34%

Mumbai August, 19: Oriana Power Limited has received an Engineering, Procurement and Commissioning (EPC) contract worth ₹214.80 crore, including GST, for setting up and developing solar power projects with an aggregate capacity of 50 MW in Rajasthan.

According to the company’s exchange disclosure, the contract has been awarded by a leading player in the cement industry. The scope covers engineering, procurement and commissioning services for the solar projects.

The company said the EPC work is scheduled to be completed within nine months. Following the commercial operation date and handover, the contract also includes a 10-year operation and maintenance period.

The order is a domestic contract and, according to the filing, does not involve any promoter or promoter group interest in the awarding entity. It also does not fall under related-party transactions.

Stock Market Snapshot

The Oriana Power share price moved higher in early trading after the company disclosed the ₹214.80 crore EPC contract.

As of 9:32 AM IST on August 19, 2026, Oriana Power shares were trading at ₹1,252.90, up ₹40.45, or 3.34%, according to the market data provided.

The stock opened around ₹1,210 and quickly moved above ₹1,200, with gains extending towards ₹1,250 during the first few minutes of trading. It touched levels close to ₹1,270 before easing slightly to ₹1,252.90 at the latest available timestamp.

The positive move came alongside the company’s announcement of the new solar EPC mandate.

Solar EPC Order Adds To Renewable Energy Portfolio

The latest contract adds 50 MW of solar project execution to Oriana Power’s business pipeline and gives the company an additional engagement with a large industrial customer.

The contract covers the full EPC scope, including engineering, procurement, and commissioning. The subsequent 10-year operation and maintenance obligation also provides for a longer operating relationship after project handover.

The Rajasthan projects further expand Oriana Power’s exposure to utility-scale renewable energy infrastructure, with the cement industry customer adding an industrial end-use component to the contract.

Conclusion

Oriana Power has secured a ₹214.80 crore EPC contract for setting up 50 MW of solar power projects in Rajasthan, with execution scheduled for over nine months.

The contract also includes a 10-year operation and maintenance period following the commercial operation date and handover.

Shares reacted positively to the announcement, with Oriana Power up 3.34% at ₹1,252.90 as of 9:32 AM IST on August 19, 2026.

Source:

• https://www.nseindia.com/get-quote/equity/ORIANA/Oriana-Power-Limited
• https://nsearchives.nseindia.com/corporate/ORIANA_19082026091434_Oriana_Disclosure_Epc_19082026.pdf