Solarium Green Energy Limited (BSE: 544354, Security Id: SOLARIUM) has announced that it has secured two major rooftop solar EPC contracts totaling approximately ₹26.62 crore (exclusive of GST) from NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly owned subsidiary of NTPC Limited.
These contracts, awarded under the Ministry of Home Affairs’ rooftop solar initiative in the Northeastern states, involve the engineering, procurement, construction (EPC), and 10-year operation and maintenance (O&M) of grid-connected rooftop solar PV systems aggregating 6,762 kW across multiple sites.
Order Details
- 3319 kW Rooftop Solar Project
- Contract Value: ₹12.99 crore (exclusive of GST)
- Order Date: July 24, 2025
- Scope of Work:
- ₹8.48 crore for plant and equipment supply (ex-works)
- ₹1.55 crore for transportation, civil work, installation, and safety provisions
- ₹2.96 crore for 10 years of comprehensive O&M
- Completion Timeline: 90 days from the date of Notice of Award (NOA)
This project is part of NVVN’s tender titled “Selection & Discovery of L1 Rates for EPC of Grid Connected Rooftop Solar PV Projects (51–200 kW) across India”, floated under Bid Ref No. NVVN/C&M/RE-301/2024-25 dated September 19, 2024.
- 3443 kW Rooftop Solar Project
- Contract Value: ₹13.63 crore (exclusive of GST)
- Order Date: July 24, 2025
- Scope of Work:
- ₹8.56 crore for plant and equipment supply
- ₹1.79 crore for transportation, civil work, installation, and safety provisions
- ₹3.28 crore for 10 years of comprehensive O&M
- Completion Timeline: 120 days from the date of NOA
This order falls under a separate NVVN tender for projects in the 201–1000 kW range, Bid Ref No. NVVN/C&M/RE-302/2024-25, also dated September 19, 2024.
Leadership Commentary
Mr. Ankit Garg, Chairman & Managing Director of Solarium Green Energy Ltd., stated:
“These orders from a key public sector enterprise underscore our growing reputation in the rooftop solar EPC segment. We are proud to support India’s renewable energy push in the Northeast, and remain committed to delivering high-quality solar solutions backed by long-term operational excellence.”