Solarium Green Energy Limited has announced the receipt of a Letter of Award (LOA) for a substantial solar power project in Maharashtra. The company disclosed this development through a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Project Overview

The awarded contract involves the execution of End-to-End Engineering, Procurement and Construction (EPC) works for a 50 MWac Solar PV Power Project in the State of Maharashtra. The project falls under the Maharashtra State Power Generation Company Limited (MAHAGENCO) initiative, with Solarium Green Energy serving as a sub-contractor.

Contract Specifications

The comprehensive contract encompasses several key components designed to deliver a complete solar power solution. The scope includes engineering, procurement, and construction works executed on a turnkey basis, ensuring end-to-end project delivery according to agreed specifications.

The contract also incorporates Operation and Maintenance (O&M) services for a period of three years, providing ongoing technical support and system optimization post-commissioning. The time period for project execution will be specified in the definitive EPC Agreement to be executed between the parties.

Commercial Terms and Compliance

The total order value stands at ₹188.525 Crore (Rupees One Hundred Eighty-Eight Crore Fifty-Two Lakhs Fifty Thousand only), exclusive of GST. The company has confirmed that this contract does not involve any related party transactions and that promoter groups have no interest in the entity that awarded the order.

Strategic Impact

According to the company's announcement, this order is expected to strengthen Solarium Green Energy's presence in the renewable energy sector. The project represents a significant addition to the company's portfolio and is anticipated to contribute meaningfully to revenues over the project execution period.

The company received the Letter of Award in its capacity as a sub-contractor for a project awarded by MAHAGENCO. Due to confidentiality obligations and mutual understanding with the client, the name of the primary contracting entity has not been disclosed in the regulatory filing.

Corporate Information

The announcement was signed by Ankit Garg, Chairman & Managing Director (DIN: 08027760), from the company's registered office in Ahmedabad, Gujarat. Solarium Green Energy Limited, formerly known as Solarium Green Energy Private Limited, continues to expand its footprint in India's growing renewable energy market through strategic project acquisitions and partnerships.

Source: Exclusive

Solarium green energy Limited has announced a scheduled virtual group meeting with investors, demonstrating its commitment to maintaining transparent communication with stakeholders. The company formally notified BSE Limited about this upcoming investor interaction on March 23, 2026.

Meeting Details and Compliance

The investor meeting has been organized in strict compliance with Regulation 30(6) read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework mandates companies to inform stock exchanges about scheduled analyst and institutional investor meetings.

Meeting Framework and Information Disclosure

The company has clearly outlined that discussions during the investor interaction will be based exclusively on publicly available documents. Solarium Green Energy Limited has emphasized that no unpublished price sensitive information (UPSI) is intended to be discussed during the meeting, ensuring compliance with insider trading regulations and maintaining market integrity.

The management has indicated that the schedule remains indicative and subject to potential changes due to any unforeseen developments. This flexibility clause allows the company to adapt to circumstances while maintaining its commitment to investor engagement.

Corporate Communication

The notification was signed by Ankit Garg, Chairman & Managing Director (DIN: 08027760), from the company's registered office in Ahmedabad. The formal communication to BSE Limited reflects the company's adherence to corporate governance standards and regulatory requirements for listed entities.

This investor meeting represents part of Solarium Green Energy Limited's ongoing efforts to maintain regular communication with its investor community through structured and compliant channels.