Solarworld Energy Secures INR 725 Cr. EPC Contract from NTPC
Filing Summary
Solarworld Energy Solutions Ltd has received a letter of award for an Engineering, Procurement, and Construction (EPC) contract from NTPC Renewable Energy Limited. The contract involves the development of a 250 MWac grid-connected solar PV project. The order is valued at approximately INR 725 crore, including taxes. The project is scheduled for completion in the financial year 2026-27. This domestic contract does not involve any related party transactions. Solarworld Energy Solutions Ltd focuses on renewable energy solutions, enhancing its project portfolio with this new contract.
On December 26, 2025, Solarworld Energy Solutions Ltd received a letter of award for an Engineering, Procurement, and Construction (EPC) contract from NTPC Renewable Energy Limited. The contract pertains to the development of a 250 MWac grid-connected solar PV project.
The order is valued at approximately INR 725 crore, inclusive of taxes. The project is scheduled to be completed in the financial year 2026-27. This contract is awarded by a domestic entity, and there are no related party transactions involved.
The significant terms of the contract include the execution of the EPC package for the solar PV project. The project is part of NTPC Renewable Energy Limited’s initiatives in expanding its renewable energy capacity.
NTPC Renewable Energy Limited is a subsidiary of NTPC Limited, focusing on the development of renewable energy projects. The company is involved in various solar, wind, and hybrid energy projects, contributing to India’s renewable energy targets.
Solarworld Energy Solutions Ltd specializes in providing renewable energy solutions, including solar power projects. The company aims to expand its portfolio in the renewable energy sector through strategic contracts and projects.