Oriana Power Ltd to Execute 52 MW Solar Project for Bharat Petroleum Corp. Ltd.
Key Ideas
- Oriana Power Ltd secures a 52 MW solar project contract with Bharat Petroleum Corp. Ltd for INR 247.88 crore, to be completed within 6 months.
- The company already has over 390 MW of capacity under execution, with 240 MW of projects completed and plans for an additional 900 MW in the pipeline.
- Oriana Power aims to expand its renewable energy projects to the Middle East, Africa, and Europe, with a focus on green hydrogen production through a strategic partnership with Splitwaters.
- The company plans to establish a giga-factory for producing electrolysers and BOP modules to support green hydrogen and e-fuels production with a capacity of 500 MW by 2026 and further expansion in 2027.
Oriana Power Ltd has been awarded a significant solar project contract by Bharat Petroleum Corp. Ltd in India. The project involves the installation of a 52 MW ground-mounted solar power system on an EPC basis, with Oriana Power also responsible for CTU approval, transmission lines, and O&M support for five years. This adds to the company's impressive track record, with over 390 MW currently in execution, 240 MW completed, and plans for an additional 900 MW. Oriana Power's portfolio spans 22 states in India, and it has secured 920 acres of land for future renewable energy projects. Additionally, the company has announced a strategic partnership with Splitwaters, a US-based electrolyser manufacturer, to establish a giga-factory for green hydrogen production. This move aligns with Oriana Power's goal to expand globally, targeting markets in the Middle East, Africa, and Europe, while emphasizing sustainability and green fuel solutions.
Topics
Projects
Green Hydrogen
Renewable Energy
Partnership
Expansion
Solar Energy
Project Execution
Electrolyser Manufacturer
Giga-factory
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