Solarworld Energy Solutions Limited, a company specializing in the EPC services for solar power projects, today, March 30, 2026, announced that,

The Company has received a Letter of Award (LOA)  contract from National Thermal Power Corporation Limited (NTPC). Source: BSE.

Contract Details

According to the exchange details, Solarworld (the company) has received a contract for the supply of an Engineering, Procurement, and Construction (EPC) Package for the implementation of a battery energy storage system (BESS).

The BESS implementation will be at the Solapur Super Thermal Power Station (NTPC Thermal Power Station, Lot-1), with a capacity of 132 MW/ 264 MWh, a company spokesperson added.

Solarworld Energy Secures NTPC BESS EPC Contract

Contract Value

The aggregate value of the aforesaid contract is INR 314.26 Crores (Rupees Three Hundred Fourteen Crores and Twenty-six Lac Only).

Duration

The new contract is to be executed over a period of 15 months from the date of the purchase order, a company management official said.

Exchange Compliance

The Company has filed these details in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Refer to solarworld energy solutions news for further information.

Market Cap: The company’s market capitalization is ₹1,235 Cr.

Technical: The stock is consistently trading below its major simple moving averages (20-day, 50-day, and 100-day) with all SMAs sloping downwards.

Price Performance: The stock declined 47.70% YTD, declined 47% over the past three months, and declined 23.40% in the last month.

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Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Solarworld Energy Secures NTPC BESS EPC Contract appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

[Fresh Issue ₹440 Cr + OFS ₹50 Cr]

Solarworld energy solutions ipo price is ₹333 – ₹351 per share

Solarworld Energy Solutions: History

The Company was originally incorporated as Solarworld Energy Solutions Private Limited, a private limited company under the Companies Act, 1956, on July 17, 2013.

The Company was converted into a public limited company under a special resolution passed by the shareholders on August 24, 2024, and its name was changed to Solarworld Energy Solutions Limited under a fresh certificate of incorporation issued by the RoC on September 23, 2024.

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Solarworld Energy Solutions: Business

Solarworld Energy Solutions Ltd. is one of the leading solar energy solutions providers in India, specialising in engineering, procurement, and construction (EPC) services for solar power projects, with revenue from the EPC business reaching ₹1,000 crore (as per CRISIL Report) for FY 2024.

The Company offers comprehensive, end-to-end, and cost-effective solutions for the installation of solar power projects tailored to clients’ needs.

The Company offers these solar energy solutions through two distinct models, namely –

1. The capital expenditure (CAPEX) model, and
2. The renewable energy service company (RESCO) model

Under the CAPEX and RESCO models, the company provides operations and maintenance (O&M) services depending on the requirements of its clients.

Completed Projects

As of August 31, 2024, Solarworld had completed projects totaling 253.67 MW AC/336.17 MW DC and had ongoing projects with a cumulative capacity of 420 MW AC/592 MW DC.

As of August 31, 2024, the company had an order book valued at ₹799.7 cr.

Key Clients

Some of the key clients of the company include Ethnic Food Manufacturing Private Limited, Haldiram Snacks Private Limited, SJVN Green Energy Limited, and Samiksha Solarworld Private Limited.

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Strategies Ahead

• Invest in manufacturing capabilities for solar modules, BESS, and solar PV TopCon cell.
• Grow client base by diversifying into new geographies.
• Maintain relationships with key customers and other stakeholders.
• Exploring opportunities to expand portfolio and scale operations.
• Establish strong research and development capabilities to drive innovation and technological advancement.

Company Promoters

1. Kartik Teltia,
2. Rishabh Jain,
3. Mangal Chand Teltia,
4. Sushil Kumar Jain,
5. Anita Jain,

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IPO Details

ipo date = 23 to 25 September 2025

Minimum Amount = ₹14,742

Minimum Bid = 42 Shares

Face Value (FV) = ₹5

Listing On = NSE, BSE

Book Running Lead Managers

Nuvama Wealth Management

SBI Capital Markets

Financials

CONCLUSION

FinBlab recommends ‘SUBSCRIBE‘ ratings on Solarworld Energy Solutions IPO (keeping a long-term view in mind)

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Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Solarworld Energy Solutions IPO – Review appeared first on Upcoming ipos: Latest news on stocks, economy & finance.