Shares of Solar World surged more than 13% in early trade after the company received a major boost to its order book with a large solar power contract in India. The rally came following the announcement that Solarworld Energy Solutions has been awarded an Engineering, Procurement and Construction (EPC) contract for a 250 MWac grid-connected Solar PV project.
The Letter of Award has been issued by NTPC Renewable Energy Limited, a domestic entity and a key player in India’s renewable energy expansion. The total value of the order stands at approximately ₹725.33 crore, inclusive of taxes, making it one of the company’s most significant project wins to date.
Under the terms of the EPC contract, Solarworld Energy Solutions will undertake end-to-end execution of the project. This includes detailed engineering and design, procurement of critical equipment, and complete construction activities required for commissioning the solar power facility. The entire scope of work falls within the EPC framework, highlighting the company’s integrated project execution capabilities.
According to the order details, the 250 MWac solar project is scheduled to be completed within the financial year 2026–27, in line with contractual timelines. Once commissioned, the project will add meaningful capacity to India’s renewable energy infrastructure and support the nation’s broader push toward clean, sustainable, and low-carbon power generation.
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