Oriana Power's Surge: Paving the Way for Clean Energy in Rajasthan
Key Ideas
  • Oriana Power's shares surged by 8.79% following the MoU with the Rajasthan Government to explore renewable energy projects, including green hydrogen and energy storage.
  • In FY25, Oriana Power demonstrated significant revenue growth and profitability, with a notable increase in operating revenue and Profit After Tax (PAT).
  • The company's strong financial performance was evident through a substantial rise in EBITDA, earnings per share (EPS), and a significant reduction in the debt-to-equity ratio, showcasing sound financial management.
  • Oriana Power is actively engaged in various renewable energy initiatives, with projects totaling over 500 MW and plans for further expansion, including the construction of a Solar Park in Haryana and strategic alliances for green hydrogen production.
Oriana Power witnessed a remarkable 8.79% surge in its shares, reaching Rs 2,699.95 per share, following the signing of a Memorandum of Understanding (MoU) with the Rajasthan Government under the 'Rising Rajasthan 2024' initiative. The MoU aims to explore investment opportunities in renewable energy projects, with a focus on technologies like green hydrogen, energy storage, floating solar, and solar power, amounting to Rs 10,000 crore. This strategic move aligns with Oriana Power's vision to contribute to India's renewable energy goals and position itself as a key player in clean energy infrastructure. In the fiscal year 2025, Oriana Power showcased impressive financial performance, with a significant increase in operating revenue, Profit After Tax (PAT), EBITDA, and earnings per share (EPS). The company's strong profitability was further highlighted by a notable reduction in the debt-to-equity ratio, reflecting sound financial management practices. Oriana Power is actively involved in various renewable energy initiatives, with ongoing projects exceeding 500 MW and plans for future expansion, including the development of a Solar Park in Haryana and collaborations for green hydrogen production. The company's market trading also reflected positive momentum, with its shares trading higher on the National Stock Exchange (NSE). Overall, Oriana Power's strategic partnership with the Rajasthan Government and its robust financial performance indicate a promising future in the renewable energy sector, emphasizing sustainability, innovation, and growth.
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