Oriana Power Limited Wins Contract Worth INR 186.7 Million for the Development of Solar Power Plant of Capacity of 6.7Mwp

Oriana Power Limited is an India-based solar energy supplier. The Company specializes in providing solar energy solutions to industrial and commercial customers. It offers low carbon energy solutions by installing on-site solar projects, such as rooftop and ground-mounted systems, as well as off-site solar farms. Its business operations are primarily divided into two segments: Capital Expenditure (CAPEX) and Renewable Energy Service Company (RESCO). Under the CAPEX model, it offers engineering, procurement, construction, and operation of solar projects. In this model, customer invest in the capital expenditure at their own and the Company does engineering, procurement, construction, and operation on behalf of the client. Under the RESCO model, it operates through its subsidiaries. Its subsidiaries provide solar energy solutions on a build, own, operate, transfer (BOOT) model basis. Its solutions include floating solar panels, rooftop solar, hydrogen electrolyzer, and others.