Solarium Green Energy Ltd

Solarium Green Energy will hold a meeting of the Board of Directors of the Company on 3 May 2025.Powered by Capital Market - Live

The order, valued at Rs 3,06,20,782, is expected to be completed within 12 months, beginning 10 days after receiving the letter of acceptance. The project scope includes the design, supply, installation, testing, and commissioning of a 25 KWP solar PV plant, alternative lighting arrangements, an RCC-framed structure for the control/battery room, and CC pavement leading to the control room for 10 BOPs of 48 Bn, 125 Bn, 51 Bn, 67 Bn, and 161 Bn BSF of SHQ I/NAGAR under FTR HQ BSF Jammu. The contract includes 5 years of on-site maintenance and warranty. Solarium Green Energy provides turnkey solar solutions, including design, engineering, procurement, construction, testing, commissioning, transmission systems, and operation & maintenance for residential, commercial, industrial, and government solar projects. The company has completed 11,195 residential, 172 commercial and industrial, and 17 government solar projects in the past three years. As of 31 March 2024, the company had 205 employees. On a full-year basis, the company's standalone net profit climbed 796% to Rs 15.59 crore on a 79.6% surge in revenue from operations of Rs 177.40 crore in FY24 over FY23. Solarium Green Energy listed on the bourses on 13 February 2025. The scrip was listed at Rs 202, exhibiting a premium of 5.76% to the issue price. The scrip rose 1.53% to end at Rs 238.35 on Friday, 28 March 2025. The stock market will remain shut today in observance of Eid-ul-Fitr. As of 31 March 2025, the company's market capitalization stood at Rs 496.95 crore on the BSE.Powered by Capital Market - Live

The contract encompasses several components, starting with a supply order for plant and equipment for the 500 KW solar project at IGM Noida, valued at Rs 1.24 crore. In addition, the work order includes local transportation, inland transit insurance, incidental delivery costs for the plant and equipment, installation services, civil and allied works, and safety-related provisions, amounting to Rs 17.72 lakh. Moreover, the contract includes a comprehensive operation and maintenance (O&M) plan for the solar plant, which will extend for ten years from the completion of the facilities, valued at Rs 31.81 lakh. The entire project is expected to be completed within 120 days from the date of the Notification of Award (NOA). The company has also clarified that the order does not involve any related party transactions. The official announcement was made on Wednesday, 26 March 2025, after market hours. Solarium Green Energy provides turnkey solar solutions, including design, engineering, procurement, construction, testing, commissioning, transmission systems, and operation & maintenance for residential, commercial, industrial, and government solar projects. The company has completed 11,195 residential, 172 commercial and industrial, and 17 government solar projects in the past three years. As of 31 March 2024, the company had 205 employees. On a full-year basis, the company's standalone net profit climbed 796% to Rs 15.59 crore on 79.6% surge in revenue from operations of Rs 177.40 crore in FY24 over FY23. Solarium Green Energy listed on the bourses on 13 February 2025. The scrip was listed at Rs 202, exhibiting a premium of 5.76% to the issue price. As of 27 March 2025, the company's market capitalization stood at Rs 500.29 crore on the BSE. Powered by Capital Market - Live

 Solarium Green Energy has received an additional work order of Rs. 2,01,61,499/- (approx.) exclusive of GST from NTPC Vidyut Vyapar Nigam. This order pertains to the inclusion of an additional capacity of 650 KW of Troop Comforts under 'Development of 6929 KW Grid Connected Rooftop Solar Projects at Various Locations of Central Armed Forces and Departments Under Ministry of Home Affairs Zone 4 (Uttar Pradesh).Powered by Capital Market - Live