Introduction:
Leading solar company has secured significant orders worth ₹71.55 crore for developing grid-connected rooftop solar projects across multiple states. These contracts, including long-term maintenance agreements, strengthen its position in India’s renewable energy sector.
Share price movement of Solarium Green Energy:
On February 21, 2025, Solarium Green Energy Ltd opened at ₹232.10, rising 5.00% from its previous close of ₹221.05. The stock hit a high of ₹232.10 and a low of ₹230.00. By 10:16 AM, it traded at ₹232.10, with a market cap of ₹483.92 crore.
Solarium Green Energy Secures Major Orders Worth ₹71.55 Crore:
Solarium Green Energy Limited has secured multiple orders from NTPC Vidyut Vyapar Nigam Limited, totaling approximately ₹55.84 crore. The orders involve developing grid-connected rooftop solar projects across Madhya Pradesh, Chhattisgarh, Odisha, and Uttar Pradesh, benefiting central armed forces and government departments.
These projects, with capacities of 10,267 KW, 6,929 KW, and 27 KW, align with India’s renewable energy goals. Additionally, Solarium Green Energy bagged supply orders worth ₹15.70 crore for Bifacial Topcon Half-cut 132-cell Glass-to-Glass PV modules from various clients.
With comprehensive operation and maintenance (O&M) contracts spanning five to ten years, the company aims to ensure efficiency and long-term sustainability. The new orders are expected to enhance revenue and profitability while reinforcing Solarium’s role in advancing green energy solutions nationwide.
Recent news on Solarium Green Energy:
As of February 13, 2025, Solarium Green Energy Ltd made a strong debut on the BSE SME, opening at ₹202, a 5.76% premium over its issue price of ₹191. The IPO saw an impressive 8.83 times subscription.
Stock performance of Solarium Green Energy for Period of 1 week:
Solarium Green Energy Ltd witnessed a marginal decline of 0.63% over the past week. Despite the slight dip, the company’s strong market presence and strategic developments continue to support its long-term growth and stability in the renewable energy sector.
Also Read: Power stock jumps 11% after it receives orders from NTPC and M.P. Power Generating Co.
Shareholding pattern of Solarium Green Energy:
Particulars | Feb 2025 |
Promoter | 57.80% |
FII | 5.00% |
DII | 7.50% |
Public | 30% |
About Solarium Green Energy:
Solarium Green Energy Ltd (BSE: 544354) is a solar energy company specializing in turnkey solar solutions, including design, procurement, construction, and O&M. It serves residential, commercial, industrial, and government projects while offering certified solar products and maintenance services.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.