Solarworld Energy Solutions has been awarded a significant Engineering, Procurement, and Construction (EPC) contract valued at approximately ₹176.91 crore, excluding taxes, for the implementation of a Battery Energy Storage System (BESS) at the Solapur Super Thermal Power Station. The contract, awarded by NTPC Limited, involves a BESS capacity of 75 MW/150 MWh.
The project, titled ‘BESS Implementation at NTPC Thermal Power Stations (Lot-2),’ is part of a broader initiative to enhance energy storage capabilities at NTPC’s facilities. The contract stipulates a completion timeline of 15 months, during which Solarworld will be responsible for the full scope of BESS EPC services.
This domestic order underscores Solarworld’s growing footprint in the energy storage sector, particularly in collaboration with major national entities like NTPC. The project is not classified as a related party transaction, and there is no interest from Solarworld’s promoters or group companies in NTPC.
The award was officially communicated on March 30, 2026, at 12:45 p.m. IST, marking a significant milestone for Solarworld in its strategic expansion within India’s renewable energy landscape.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Yash Agarwal and reviewed by Aman Shukla before publication.