Synopsis:
The company has been awarded three rooftop solar projects totalling Rs. 8.22 crore (excluding GST) under NVVN’s EPC Rate Contract tender for 201–1000 kW grid-connected solar PV projects. The orders include supply, installation, civil works, and a 10-year operation & maintenance service.
The company is a solar energy company that specializes in integrated solar solutions and turnkey services, and is now in the spotlight after securing multiple orders from NTPC Vidyut Nigam Ltd (NVVN).
With market capitalization of Rs. 780 cr, the shares of Solarium Green Energy Limited are currently trading at Rs. 374 per share, making today’s high of Rs. 385 per share, from its previous close of Rs. 374 per share.
Fresh Orders
Solarium Green Energy Limited has announced that it has been awarded significant orders totalling approximately Rs. 8.22 crore (excluding GST) from NTPC Vidyut Vyapar Nigam Limited (NVVN) for the development of rooftop solar projects across India.
The orders include a 1000 kW rooftop solar project at DRDO Chennai valued at Rs. 3.48 crore, an 860 kW project at DRDO Visakhapatnam worth Rs. 2.99 crore, and a 505 kW project at DRDO Chandipur amounting to Rs. 1.76 crore.
The projects are expected to be completed within 120 days from the date of notice of award. This development is poised to expand Solarium Green Energy’s customer base and strengthen its profitability in the renewable energy sector.
About the company
Solarium Green Energy Limited is a leading Indian renewable energy company specializing in the development, design, and implementation of solar power projects. The company focuses on grid-connected rooftop and ground-mounted solar PV systems, offering end-to-end solutions including engineering, procurement, construction (EPC), and long-term operation & maintenance services. With a strong emphasis on sustainability and innovation, Solarium Green Energy aims to contribute to India’s clean energy transition while delivering reliable and efficient solar solutions to its clients. Sales rose from Rs. 82 cr in September 2024 to Rs. 148 cr in March 2025. Net profit increased to Rs. 11 cr from Rs. 8 cr in the same period.
Solarium Green Energy Limited demonstrates strong financial performance, with a Return on Capital Employed (ROCE) of 20.1% and a Return on Equity (ROE) of 23.0%. The company has maintained an impressive ROE track record over the past three years, averaging 37.0%, reflecting its efficient use of equity capital to generate profits and consistent value creation for shareholders.
Written by Manideep Appana
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