Oriana Power's Strategic Partnership for Green Hydrogen Development
Key Ideas
  • Oriana Power Limited secures a new contract to build a 4 MWp solar power plant in Gwalior, Madhya Pradesh, showcasing their capabilities in the EPC solar power plant market.
  • The company partners with Splitwaters to accelerate the development of green hydrogen and e-fuels in India and globally, aiming to reduce project costs by up to 30%.
  • The strategic partnership includes plans for a manufacturing facility and a demonstration green hydrogen production unit, contributing significantly to the growth of the green hydrogen industry.
  • With a strong order book of 250 MWp and substantial growth in stock value, Oriana Power Limited is positioned for further success in the renewable energy sector.
Oriana Power Limited, a company based in India, has recently secured a new domestic contract to build a 4 MWp solar power plant in Gwalior, Madhya Pradesh. The project, estimated to cost around Rs 15 crore, will be executed by Oriana, showcasing their expertise in the engineering, procurement, construction (EPC), commissioning, and operation & maintenance (O&M) of solar power plants. This move strengthens Oriana's position in the EPC solar power plant market and highlights their comprehensive service offerings. Additionally, Oriana Power Limited has entered into a strategic partnership with Splitwaters to accelerate the development of green hydrogen and e-fuels in India and globally. This collaboration aims to reduce project costs by up to 30% through a one-stop-shop solution. Oriana will oversee business development, project execution, and EPC services in India, while Splitwaters will provide electrolyzers and BOP equipment. The partnership also includes plans for a manufacturing facility and a demonstration green hydrogen production unit, which is expected to significantly boost the green hydrogen industry. The article also mentions that Oriana Power Limited is engaged in two main business verticals: EPC and operations of solar power projects and offering solar energy solutions on a BOOT (build, own, operate, transfer) basis. With an order book of 250 MWp and a stock that has shown remarkable growth, investors are advised to keep a close eye on this company for potential investment opportunities in the renewable energy sector.
ADVANCEH2

Our vision is to be the world's leading online platform for advancing the use of hydrogen as a critical piece needed to deliver net-zero initiatives and the promise of a clean H2 energy future.

© 2024 AdvanceH2, LLC. All rights reserved.