Oriana Power Secures 52 MW Solar Power Project Worth Rs. 247.88 Crores from BPCL

Order Secured by Oriana Power 

Oriana Power Limited, a prominent player in the renewable energy sector, has recently announced a significant achievement in its business operations. The company has been awarded a major contract to develop a 52 MW solar power project in Prayagraj, Uttar Pradesh. This prestigious order, valued at Rs. 247.88 Crores, comes under the Engineering, Procurement, and Construction (EPC) segment, highlighting Oriana Power’s expanding footprint in the solar energy domain.

Project Overview

The 52 MW solar power project will be ground-mounted and is set to cater to the petroleum industry. The project was awarded by Bharat Petroleum Corporation Ltd., a domestic entity, and emphasizes Oriana Power’s capabilities in delivering large-scale solar solutions tailored to industry needs.

Key Contract Details

• Location: Prayagraj, Uttar Pradesh
• Capacity: 52 MW
• Order Value: Rs. 247.88 Crores
• Type: Ground-mounted solar power plant for the petroleum industry
• Awarding Entity: Bharat Petroleum Corporation Ltd.
• Execution Timeline: The project is expected to be completed within six months, showcasing the company’s commitment to timely project delivery.

Scope of Work

The contract underlines Oriana Power’s responsibility to develop the project as per the terms outlined in the EPC order. The scope includes Central Transmission Utility (CTU) approval, construction of transmission lines, and an Operations and Maintenance (O&M) period of five years. The terms ensure that the project will be executed with high standards, adhering to the contractual obligations defined by both parties.

Significance of the Contract

This contract marks a significant milestone for Oriana Power Limited, reinforcing its position as a leading provider of solar energy solutions. The project aligns with the company’s strategic focus on contributing to India’s renewable energy goals and providing sustainable power solutions to the industrial sector.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.