Solarium Green Stock Up by Over 3% After Company Gets New Order of Rs 26.62 Crore

Ahmedabad, July 29, 2025 – Shares of Solarium Green Energy Ltd (BSE: 544354) rose 3.6% to ₹400.00 on July 29 after the company secured two rooftop solar EPC orders from NTPC NVVN. The projects, totaling 6,762 kW in capacity, are scheduled for completion within 90 to 120 days.

The ₹26.62 crore contract win strengthens Solarium’s presence in the solar EPC space. Project timelines, public sector backing, and grid-connected scope enhance execution credibility. The orders also improve near-term revenue visibility and add to its growing portfolio in the Northeastern region.

At 1:44 p.m. 29th July, the stock is up by 3.04% at Rs 397.90

Order Details Driving Sentiment

Solarium Green Energy Ltd announced two significant orders from NVVN dated July 24, 2025, under EPC contracts for grid-connected rooftop solar projects across Northeastern states. The total capacity for both projects stands at 6,762 kW, with completion expected within 90 to 120 days.

Project RE-301

This project involves the installation of 3,319 kW capacity and carries an order value of ₹12.99 crore.

Project RE-302

The second project is slightly larger, with a 3,443 kW capacity and an order value of ₹13.63 crore.

Management Commentary

“This contract win strengthens our position in the EPC solar space and enhances future profitability,” said Ankit Garg, Chairman & Managing Director, Solarium Green Energy Ltd.

Outlook

The NTPC NVVN order win highlights Solarium’s growing execution capability in the rooftop EPC segment. With strong project traction and grid-aligned capacity, the stock could sustain interest as delivery progress unfolds.

About the Company

Solarium Green Energy, founded in 2018 and based in Ahmedabad, provides turnkey solar solutions across India. With 200+ MW module installations and 18,000+ homes solarized, it specializes in rooftop and ground-mount systems, offering integrated, scalable services backed by in-house technology and execution expertise.

Note: The company is under ESM Stage 1 monitoring.

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