Synopsis:
Oriana Power Limited has inked a non-binding MOU with ACTIS GP LLP to develop 1 GWp of renewable energy projects in India over the next two years, with potential equity investment of up to USD 100 Million.
A renewable energy stock witnessed a strong market response today as investors reacted positively to a strategic partnership announcement, driving the share price to its upper circuit of five percent. The proposed collaboration is expected to provide robust capital support, enabling the development of 1 GWp of solar and renewable energy projects in India over the next two years, while leveraging international expertise and investment.
Oriana Power Limited, with a market capitalization of Rs. 5,642.22 crore, opened at Rs. 2,720, touched a high of Rs. 2,776.80, and had a previous close of Rs. 2,644.60, registering a five percent intraday gain and hitting the upper circuit.
What’s the News?
Oriana Power has entered into a non-binding MOU with ACTIS GP LLP to jointly develop a series of solar and renewable energy projects in India, totaling 1 GWp within the next two years. These projects may be structured under individual Special Purpose Vehicles (SPVs), either already incorporated or to be incorporated.
Under the agreement, ACTIS, through its investee companies, plans to invest up to USD 100 Million in equity over the two-year period toward project implementation and acquisition of stakes, subject to due diligence and finalization of definitive agreements between the two parties.
The partnership with ACTIS represents a major strategic milestone, providing Oriana Power with strong financial backing to actively participate in large-scale renewable projects. The collaboration is expected to accelerate project execution, strengthen the company’s presence in the fast-growing clean energy sector, and create long-term value by leveraging ACTIS’s investment and sector expertise. Ernst & Young LLP, New Delhi, is acting as the exclusive sell-side M&A investment banker for this proposed marquee partnership.
Also Read: Infra stock in focus after receiving ₹225 Cr order from Himachal Pradesh State Industrial Development Corporation
Financial Snapshot- Half Yearly Results
For the half-year period from September 2024 to March 2025, Oriana Power reported sales of Rs. 628 crore, up from Rs. 360 crore, marking a 74.44 percent increase. Operating profit rose from Rs. 75 crore to Rs. 159 crore, an increase of 112 percent, while PBT increased from Rs. 67 crore to Rs. 145 crore, up 116.42 percent. Net profit grew from Rs. 49 crore to Rs. 110 crore, a rise of 124.49 percent.
On a year-on-year basis from March 2024 to March 2025, sales climbed from Rs. 319 crore to Rs. 628 crore, a 96.24 percent increase. Operating profit improved from Rs. 69 crore to Rs. 159 crore, up 130.43 percent. PBT rose from Rs. 67 crore to Rs. 145 crore, an increase of 116.42 percent, while net profit grew from Rs. 49 crore to Rs. 110 crore, marking a 124.49 percent rise.
About the Company
Oriana Power is engaged across the renewable energy value chain, including engineering, procurement, and construction (EPC) of solar power projects, power generation, compressed biogas, battery energy storage systems (BESS), green hydrogen, and e-fuels.
The company also provides leasing, operation, and maintenance services for these projects and undertakes construction, installation, and maintenance of associated power infrastructure such as power stations, cables, and lines.
Written By Manan Gangwar
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
