Mumbai-listed Oriana Power Limited has secured a new order valued at INR2.48bn ($30mn) from state-owned energy company Bharat Petroleum Corporation Limited (BPCL) for a solar project. The company will undertake the execution of a ground-mounted solar power project with a total capacity of 52 MW.

Oriana Power will manage the project under the EPC (Engineering, Procurement, and Construction) segment, which includes securing CTU approval and setting up transmission lines. The order also covers comprehensive operations and maintenance (O&M) support for a period of five years.

“Securing this prestigious order from Bharat Petroleum Corporation Limited is a significant milestone for Oriana Power, highlighting our capability to manage large-scale solar projects effectively,” said Anirudh Saraswat, chief business officer of Oriana Power Limited. He added that while the renewable energy sector often faces challenges such as tight project timelines and complex logistics, Oriana's proven expertise and streamlined processes ensure these demands are met efficiently.

As of August 6, 2024, Oriana Power reported having more than 390 MW of cumulative capacity under execution. The company has successfully delivered over 240 MW of projects to date and has an additional 900 MW of projects in the pipeline.

Oriana Power's current portfolio list spans a total of 22 states in India, in the process occupying around 920 acres of land set aside for dedicated renewable energy projects. Looking ahead, the company plans to expand into the Middle East, Africa, and Europe.

Additionally, Oriana Power recently announced a strategic partnership with US-based green hydrogen electrolyser manufacturer, Splitwaters. The company also revealed plans to commission a giga-factory to produce electrolysers and Balance of Plant (BOP) modules—crucial components for green hydrogen and e-fuels production—with an initial capacity of 500 MW by 2026 and an additional 500 MW by 2027.