Solarium Green Energy has bagged an EPC order of ₹186.53 crore for a 50 MW AC/65 MW DC solar photovoltaic (PV) power project in Maharashtra.
Under the a project of Maharashtra State Power Generation Company (MAHAGENCO), Solarium Green Energy will work as a sub-contractor and provide operation and maintenance (O&M) services as well as end-to-end engineering, procurement, and construction (EPC) works, along with operation and maintenance (O&M) services for three years.
The contract involves turnkey execution which includes post-commissioning operational and maintenance (O&M) responsibilities. Further schedule for EPC execution will be finalised by the definitive agreement between the parties.
The company asserted that no promoters or group entities hold stakes in the awarding client and the contract is not a related party transaction.
