Solarium wins Rs 188.5 crore EPC order for 50 MW solar project

Solarium Green Energy Limited has received a letter of award to execute end-to-end engineering, procurement and construction (EPC) works for a 50 MWac solar photovoltaic (PV) project in Maharashtra, the Ahmedabad-based company said on April 1, 2026. The contract, valued at approximately Rs 188.525 crore excluding goods and services tax (GST), also includes three years of operations and maintenance services.

Solarium is acting as a subcontractor on a project awarded by Maharashtra State Power Generation Company (MAHAGENCO). The company has not disclosed the identity of its immediate client due to confidentiality obligations. The execution timeline will be defined in the final EPC agreement to be signed between the parties.

The order adds to recent contract wins for the company. Solarium has secured two purchase orders worth about Rs 22.51 crore for the supply of tunnel oxide passivated contact (TOPCon) solar panels across Karnataka, Tamil Nadu, Andhra Pradesh, and Puducherry. 

Solarium manufactures TOPCon modules under its own brand at its Ahmedabad facility. The recent order inflow indicates rising demand from southern markets for its modules alongside growth in its EPC portfolio.

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