Oriana Power's Ambitious Plans for Renewable Energy Expansion
Key Ideas
- Oriana Power, a renewable energy company in Mumbai, aims to invest Rs 10,000 crore in solar, green hydrogen, and BESS over the next few years.
- The company plans to achieve 1-GW capacity in EPC and 400-MW capacity in IPP by 2026, with a current order book of over Rs 2,500 crore.
- They are also looking to establish a gigawatt-scale factory for producing electrolysers and balance of plant modules for green hydrogen and e-fuels.
- Oriana Power has delivered 240 MW EPC projects and has over 390 MW capacity projects under construction, focusing on sustainable solutions like solar energy and green hydrogen.
Oriana Power, a NSE-listed renewable energy company based in Mumbai, has announced ambitious plans to invest Rs 10,000 crore in the solar, green hydrogen, and battery energy storage sectors over the next three to four years. The co-founder, Anirudh Saraswat, revealed that the company aims to achieve 1-GW capacity in EPC and 400-MW capacity in IPP by 2026. With a current order book exceeding Rs 2,500 crore, Oriana Power is actively pursuing projects in the renewable energy space.
The company is also venturing into green hydrogen production by planning a gigawatt-scale factory for electrolysers and e-fuels. Despite its significant growth, the focus remains on sustainable solutions, including solar energy, battery energy storage, and green hydrogen initiatives. Oriana Power has a successful track record, having delivered 240 MW EPC projects and currently managing over 390 MW capacity projects under construction.
While emphasizing growth and expansion, Oriana Power remains committed to delivering innovative solutions in the renewable energy sector. The company's dedication to sustainability is evident through its execution of projects in solar power, battery energy storage, compressed biogas, and green hydrogen. Furthermore, Oriana Power's engagement in floating solar projects and the implementation of biogas projects showcase its diverse portfolio in the renewable energy landscape.
Topics
Green Hydrogen
Renewable Energy
Investment
Manufacturing
Solar Power
Sustainable Solutions
EPC
Battery Energy Storage
IPP
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