SolarWorld Energy Secures Order Worth Rs 267 Crore: Here’s What It Means

Sagar DSIJ / 01 Apr 2026 / Categories: Mindshare, Trending

Company secures Rs. 267 crore NTPC contract; order book strengthens further.

SolarWorld Energy Solutions’ share price surged 13 per cent and is trading at Rs 161.20 as of 1.05 pm on April 1, 2026. The stock opened at Rs 149.80 and touched an Intraday high of Rs 164.00, marking a sharp recovery after recently hitting its 52-week low. The company’s market capitalisation stands at around Rs 1,401 crore.

The sharp rise in the share price comes after the company secured a major domestic contract from NTPC Renewable Energy Limited, a subsidiary of NTPC Green Energy Limited. The company has received a Letter of Award for executing the Balance of System (BOS) package for a 200 MW grid-connected solar PV project in Bikaner, Rajasthan. The total value of the contract is approximately Rs 267.53 crore, including Taxes. The project is expected to be completed within 19 months. In addition to the execution of the project, the contract also includes comprehensive Operation and Maintenance (O&M) services for a period of three years, which provides additional revenue visibility over the medium term.

This order win is seen as a positive development for the company as it strengthens its Order Book and improves revenue visibility. The company had also recently secured another project worth Rs 176.91 crore for a Battery Energy Storage System (BESS) from NTPC for the Solapur Super Thermal Power Station. Together, these orders indicate a steady flow of business from large central utilities.

About the company
SolarWorld Energy Solutions Limited, incorporated in 2013, operates as a solar energy solutions provider. The company is engaged in Engineering, Procurement, and Construction (EPC) services for solar power projects, including both rooftop and ground-mounted installations. It also offers specialised Balance of System solutions and long-term operation and maintenance services for utility-scale renewable energy projects.

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