Solarium Green Energy Ltd receives LOA worth Rs. 186.525 crores

Solarium Green Energy Limited (Security Id.: SOLARIUM, Security Code: 544354, ISIN: INE0W0H01017) has received a Letter of Award (LOA) dated June 22, 2026, as a sub-contractor, for execution of End-to-End Engineering, Procurement and Construction (EPC) works, including Three (3) Years (Thirty-Six (36) Months) of Operation and Maintenance (O&M) services, for a 50 MW AC/65 MW DC Solar PV Power Project in the State of Maharashtra, awarded under a project of Maharashtra State Power Generation Company Limited (MAHAGENCO). The total order value is approximately ₹186.525 Crore (Rupees One Hundred Eighty-Six Crore FiftyTwo Lakh and Fifty Thousand only) exclusive of GST.

This order is expected to strengthen the Company's presence in the renewable energy sector and contribute to the Company's revenues over the project execution period.

The Company has received the Letter of Award in the capacity of a sub-contractor, in relation to a project awarded by Maharashtra State Power Generation Company Limited (MAHAGENCO) for one of its clients. In view of the confidentiality obligations and mutual understanding with the said client, the name of the entity is not being disclosed.

Shares of Solarium Green Energy Limited was last trading in BSE at Rs. 180.10 as compared to the previous close of Rs. 179.65. The total number of shares traded during the day was 75300 in over 58 trades.

The stock hit an intraday high of Rs. 181.70 and intraday low of 177.35. The net turnover during the day was Rs. 13482270.00.

Source : Equity Bulls

Keywords

SolariumGreenEnergy INE0W0H01017 CivilConstruction OrderWin LOA