Rs 2,500+ crore order book: Solar power company won SECI auction to supply 60,000 MT/year Green Ammonia at Rs 52.25/kg

DSIJ Intelligence-1 / 08 Aug 2025/ Categories: Multibaggers, Trending

Rs 2,500+ crore order book: Solar power company won SECI auction to supply 60,000 MT/year Green Ammonia at Rs 52.25/kg

The stock gave multibagger returns of 216 per cent from its 52-week low of Rs 1,000 per share.

Oriana Power Limited announced its success in the e-reverse auction conducted by the Solar Energy Corporation of India (SECI). The company emerged as the successful bidder for the entire 60,000 metric tonnes per annum (MT/Year) capacity of Green Ammonia, which is part of SECI's larger tender for 7.24 lakh MT/year of Green Ammonia distributed across 13 Indian locations. Specifically, Oriana Power Limited secured this capacity for supply to Madhya Bharat Agro Products Limited in Sagar, Madhya Pradesh, at a rate of Rs 52.25 per Kg.

This achievement underscores Oriana Power Limited's commitment to advancing India's clean energy landscape. The project strategically focuses on green hydrogen as a key enabler for sustainable growth, aligning with the nation's broader clean energy objectives. This significant win not only boosts Oriana Power Limited's portfolio but also contributes to the development of green ammonia production in India.

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About the Company

Oriana Power Ltd, established in 2013, operates in two primary business segments: engineering, procurement, and construction (EPC) and the operation of solar power projects and providing solar energy solutions through a Build, Own, Operate, Transfer (BOOT) model. The company specialises in delivering low-carbon energy solutions, encompassing both on-site solar installations, like rooftop and ground-mounted systems, and off-site solar farms via an open access model.

On Friday, shares of Oriana Power Ltd plunged 1.40 per cent to Rs 2,159 per share from its previous closing of Rs 2,190 per share. The company has a market cap of over Rs 4,300 crore and has an order book of over Rs 2,500 crore. The shares of the company have an ROE of 48 per cent and an ROCE of 42 per cent. The stock gave multibagger returns of 216 per cent from its 52-week low of Rs 1,000 per share.

Disclaimer: The article is for informational purposes only and not investment advice.