In a recent development, Oriana Power Ltd, a renewable energy solutions provider has secured significant orders totaling 3.93 MW of solar power projects, amounting to Rs 17.49 crore. These diverse projects are spread across three Indian states โ Rajasthan, Karnataka, and Haryana, further solidifying the company’s reputation for executing projects on a pan-India scale.
The standout among these orders is a 2.75 MW Floating Solar project valued at approximately Rs 13.6 crore, commissioned by a well-established cement company in Rajasthan. The Engineering, Procurement, and Construction (EPC) phase for this innovative project is anticipated to conclude within the next five months. This particular venture signifies a notable achievement for Oriana Power, positioning the company as a leader in the industry’s technological advancements.
Additionally, Oriana Power has secured two more orders, including a 0.53 MW rooftop solar power project for a Bengaluru-based packaging company and a 0.65 MW ground-mounted project for a textile company in Panipat, Haryana. Both these projects are slated for completion by the end of the ongoing financial year (2023-24).
Anirudh Saraswat, Co-founder & Chief Business Officer of Oriana Power Limited, commented on the recent wins, stating, “During our listing, we pledged to enhance our capabilities and market presence. The recent order acquisitions underscore this commitment. These three orders span different geographical locations and require diverse execution skills, which Oriana has successfully developed since its inception. The 2.75 MW floating solar project is particularly noteworthy, further establishing our leadership in this promising yet competitive industry.”
As of now, Oriana Power boasts an order book exceeding 110 MW, translating into anticipated revenues over the next six months. This accomplishment reflects the company’s continued success and growth in the renewable energy sector.
Discover more from SolarQuarter
Subscribe to get the latest posts sent to your email.
