Solarium Green Energy Wins ₹186.53 Crore EPC Subcontract for 50 MW Solar Project Under MAHAGENCO

Solarium Green Energy Limited has received a Letter of Award (LOA) for a ₹186.525 crore solar EPC subcontract related to a 50 MW AC / 65 MW DC Solar PV project in Maharashtra. The award was issued on June 22 and pertains to a project being developed under Maharashtra State Power Generation Company Limited (MAHAGENCO).

The contract covers the complete engineering, procurement and construction (EPC) scope for the solar power project, making Solarium Green Energy responsible for end-to-end execution of the facility. In addition to project development, the company will provide operation and maintenance (O&M) services for a period of 36 months following commissioning.

According to the company’s disclosure, the total contract value stands at ₹186.525 crore, excluding GST. The project has been classified as a domestic order and will be executed under the terms of a definitive agreement to be signed between the concerned parties.

The solar facility will have a generation capacity of 50 MW AC and 65 MW DC, reflecting the growing scale of utility-scale renewable energy projects being developed across Maharashtra. The state continues to expand its solar portfolio through public-sector agencies as part of broader efforts to increase clean energy capacity and diversify its power generation mix.

The order strengthens Solarium Green Energy’s execution portfolio in the utility-scale solar segment and adds a significant project to its renewable energy pipeline. The company has been active in EPC services across solar installations, supporting India’s ongoing transition towards cleaner sources of power generation.