Ravindra Energy Ltd Share Price – NSE  / BSE

Capital Goods - Electrical Equipment, Small Cap

Ravindra Energy will hold a meeting of the Board of Directors of the Company on 15 January 2026.

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Under the project, the company will develop 62 MW (AC) projects spread across 13 HESCOM sub-stations. HESCOM will enter into a 25 (Twenty-Five) years Power Purchase Agreement (PPA) with the company at an average tariff of Rs 2.95 per unit.

The estimated capital expenditure for the project is approximately Rs 225 crore. The projects are scheduled to be commissioned within 12 months from the signing of the PPA.

Ravindra Energy is principally engaged in selling solar pumps, setting up of solar generation power plant (ground mount & rooftop) & generation and sale of power.

The company?s consolidated net profit surged to Rs 30.79 crore in Q2 FY26, compared with Rs 1.15 crore in Q2 FY25. Net sales jumped 672.3% YoY to Rs 120.33 crore in Q2 FY26.

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Ravindra Energy (REL) has received 13 Letter of Awards (LOA) from 'Hubli Electricity Supply Company' (HESCOM) to establish, develop and operate an aggregate capacity of 62 MW(AC) Solar Power Generators (SPGs) project on the basis of Build Own & Operate (BOO) Solar Power Projects under HESCOM jurisdiction in Karnataka state.

The key highlights are as below:

1. 62 MW (AC) projects are spread across 13 (Thirteen) sub-stations of HESCOM.
2. HESCOM will enter into a 25 (Twenty-Five) years Power Purchase Agreement (PPA) with REL.

The estimated project cost is approx. Rs 225 crore.

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Ravindra Energy will hold a meeting of the Board of Directors of the Company on 5 December 2025.

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