Solarium Green Energy: Solar Panels and Big Bucks in the Northeast!

Solarium Green Energy: Solar Panels and Big Bucks in the Northeast!

1. Scene One: NTPC Says “Yes” to Solarium

Solarium Green Energy just pulled a Dhoni-style last over win – bagging TWO fat EPC rooftop solar orders from NTPC Vidyut Vyapar Nigam (NVVN). Combined value? ₹26.6 crore (excluding GST) – enough to buy a small island or at least a few thousand Maggi packets.


2. The Plot

While competitors were busy scrolling Instagram reels, Solarium quietly turned up at NVVN’s tender party, quoted the lowest price (L1 winner), and walked out with two signed contracts. Boom.


3. Order #1 – Solar ka Pehla Swag

  • Size: 3319 kW rooftop solar
  • Value: ₹12.99 crore
  • Scope: Supply, transport, install, civil works, 10 years O&M (because solar panels need TLC)
  • Deadline: 90 days. Yes, just 3 months. Blink and they’re done.

4. Order #2 – Solar ka Dusra Dhamaka

  • Size: 3443 kW rooftop solar
  • Value: ₹13.63 crore
  • Scope: Same drill – supply to O&M, with all the safety jazz.
  • Deadline: 120 days. Slightly more chill than the first one.

5. Ministry of Home Affairs Twist

These projects are not just random rooftops – they’re under the Ministry of Home Affairs in the Northeastern states. Expect high security, zero nonsense, and hopefully a lot of sunshine.


6. Money Breakdown (For the Finance Geeks)

  • Order 1 split into:
    • Supply: ₹8.48 crore
    • Transport & Install: ₹1.55 crore
    • O&M (10 yrs): ₹2.95 crore
  • Order 2 split into:
    • Supply: ₹8.55 crore
    • Transport & Install: ₹1.79 crore
    • O&M (10 yrs): ₹3.28 crore

Total Bill? ₹26.6 crore. Investors, start smiling.


7. NVVN’s Tender Games

The orders came from two separate tenders:

  • 51–200 kW EPC contract (Order 1)
  • 201–1000 kW EPC contract (Order 2)

Solarium didn’t just win, they dominated.


8. O&M: The Gift That Keeps Paying

The 10-year operation & maintenance contract is like Netflix subscription money for Solarium – steady, predictable, and sweet.


9. No Drama With Promoters

For the conspiracy lovers:

  • No related party deals.
  • No secret promoter interest.
  • Just plain old competitive bidding. Sorry to disappoint.

10. Deadlines – Fast and Furious

  • 90 days for the first project.
  • 120 days for the second.
    If they mess up, expect penalties harsher than your school principal’s scolding.

11. Stock Market Impact?

SEBI’s Reg 30 disclosure is in, so traders already have this in their WhatsApp groups. Expect some fireworks in SOLARIUM stock once the market digests the news.


12. Big Picture

These orders boost:

  • Revenue
  • Profitability
  • Market visibility
  • And investor confidence (if they deliver on time!)

13. Final Punchline

Solarium Green Energy isn’t just installing panels; they’re installing cash flow. NTPC orders in hand, sunshine in the sky, and shareholders waiting with popcorn.


Verdict: Solarium is glowing brighter than its solar panels. Stay tuned; the Northeast just got a lot sunnier (and richer).

Leave a Comment

Popular News

error: Content is protected !!
Scroll to Top