Prostarm Info Systems Secures ₹165 Crore EPC Contract

Filed: April 7, 2026

Filing Summary

Prostarm Info Systems Ltd has received a Letter of Award from Solarium Green Energy Limited for executing Engineering, Procurement, and Construction (EPC) works for a 50 MWac Solar PV Power Project in Maharashtra. The contract, valued at approximately ₹165 Crores, excludes three years of Operation & Maintenance services. The project is part of a larger initiative by Maharashtra State Power Generation Company Limited. The agreement was accepted on April 07, 2026, and the execution timeline will be specified in the definitive EPC Agreement.

On April 07, 2026, Prostarm Info Systems Ltd announced the receipt of a Letter of Award from Solarium Green Energy Limited. This award pertains to the execution of complete Engineering, Procurement, and Construction (EPC) works for a 50 MWac Solar PV Power Project located in Maharashtra. The project is part of an initiative by the Maharashtra State Power Generation Company Limited (MAHAGENCO).

The total value of the contract is approximately ₹165 Crores, exclusive of GST. The scope of the contract includes the full EPC works on a turnkey basis, but it does not cover three years of Operation & Maintenance (O&M) services. The specific timeline for the execution of the project will be outlined in the definitive EPC Agreement to be signed between the involved parties.

The contract awarded to Prostarm is domestic in nature, and there is no involvement of international entities. Additionally, there is no interest from the promoter or promoter group of Prostarm in Solarium Green Energy Limited, and the transaction does not fall under related party transactions.

Solarium Green Energy Limited is engaged in the development and execution of renewable energy projects. The company focuses on sustainable energy solutions and collaborates with various partners to enhance its project execution capabilities.

Prostarm Info Systems Ltd specializes in providing comprehensive solutions in the field of engineering and technology. The company is committed to expanding its footprint in the renewable energy sector by leveraging its expertise in EPC projects. Prostarm aims to deliver high-quality projects that meet the specific requirements of its clients.

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