Solarium Green Energy Ltd Share Price – BSE

Infrastructure Developers & Operators, Small Cap

Solarium Green Energy has received a Letter of Award (LOA) dated 22 June 2026, as a sub-contractor, for execution of End-to-End Engineering, Procurement and Construction (EPC) works, including Three (3) Years 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 (MAHAGENCO). The total order value is approximately Rs 186.525 crore exclusive of GST.

The order has been awarded under a project of Maharashtra State Power Generation Company (MAHAGENCO), with Solarium Green Energy acting as a subcontractor. The contract includes end-to-end engineering, procurement, and construction (EPC) works, along with operation and maintenance (O&M) services for a period of three years.

The contract entails turnkey execution of the solar power project and post-commissioning O&M services. The EPC execution schedule will be governed by the definitive agreement to be executed between the parties. The company stated that neither its promoters nor promoter group entities have any interest in the awarding entity. The contract does not qualify as a related-party transaction.

Solarium Green Energy is engaged in residential rooftop & government EPC as well as C & I and ground-mount solar projects as primary segments. On a full-year basis, the company?s consolidated net profit rose 18.1% to Rs 15.89 crore, while revenue from operations increased 29.7% to Rs 230.08 crore in FY25 compared with FY24.

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Solarium Green Energy will hold a meeting of the Board of Directors of the Company on 29 May 2026.

The orders involve the supply of BIS-certified 715/720 Wp TOPCon N-type bifacial dual glass solar panels, along with inspection, packing and transportation. Deliveries will be made to project sites in Karnataka, Tamil Nadu, Andhra Pradesh and Puducherry.

The first order, valued at around Rs 14.10 crore, includes supply to multiple locations in Karnataka, Tamil Nadu and Andhra Pradesh, with a booking advance of Rs 5 lakh and the balance payable before dispatch.

The second order, worth approximately Rs 8.40 crore, pertains to supply in Puducherry, with payment terms of 30% advance and 70% prior to dispatch.

Deliveries are scheduled within seven days of buyer confirmation, with an initial partial delivery of 10 MW and overall completion targeted by mid-May 2026.

The modules come with a 12-year warranty against manufacturing and technical defects, along with a 30-year linear power output warranty.

The company clarified that the orders are domestic in nature and do not fall under related party transactions. It also confirmed that promoters and promoter group entities have no interest in the awarding entities.

Solarium Green Energy is engaged in Residential Rooftop & Government EPC as well as C & I and Ground mount Solar Project as primary segment.

On a full-year basis, the company?s consolidated net profit rose 18.1% to Rs 15.89 crore, while revenue from operations increased 29.7% to Rs 230.08 crore in FY25 compared with FY24.

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