Solarium Green Energy wins INR 1865 million EPC contract for Maharashtra solar project

Solarium Green Energy has secured a 1865.3 million rupees subcontract for a 50 MW solar photovoltaic (PV) project under MAHAGENCO in Maharashtra. The contract covers comprehensive engineering, procurement, construction, and three years of post-commissioning maintenance.

Solarium Green Energy, an Indian renewable energy enterprise specializing in turnkey solar solutions, has secured a major subcontract for a 50 MW AC (65 MW DC) solar photovoltaic power plant in Maharashtra. Valued at 1865.3 million rupees, the contract encompasses full engineering, procurement, and construction (EPC) responsibilities alongside three years of operational and maintenance services.

This contract stems from a broader public utility initiative overseen by the Maharashtra State Power Generation Company (MAHAGENCO), the state-owned power generation utility responsible for managing Maharashtra's electricity production infrastructure. The win highlights a broader trend where state utilities rely heavily on specialized private subcontractors to execute large-scale clean energy mandates efficiently.

The development holds significant implications for the domestic renewable energy sector, signaling sustained regulatory and commercial momentum for solar infrastructure deployment in western India. For independent power producers and industrial EPC vendors, the allocation of such high-value infrastructure projects reflects a resilient pipeline of state-backed clean energy investments. Furthermore, the inclusion of a multi-year operations and maintenance clause provides Solarium with a predictable, recurring revenue stream post-commissioning, validating the growing market emphasis on long-term project viability over simple asset installation.