Solarium Green Energy zooms on getting LoA worth Rs 188.52 crore
This order is expected to strengthen the company’s presence in the renewable energy sector
Solarium Green Energy is currently trading at Rs. 155.00, up by 9.35 points or 6.42% from its previous closing of Rs. 145.65 on the BSE.
The scrip opened at Rs. 149.00 and has touched a high and low of Rs. 172.95 and Rs. 149.00 respectively. So far 21600 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 484.00 on 27-Jun-2025 and a 52 week low of Rs. 129.15 on 16-Mar-2026.
Last one week high and low of the scrip stood at Rs. 172.95 and Rs. 136.00 respectively. The current market cap of the company is Rs. 323.38 crore.
The promoters holding in the company stood at 58.34%, while Institutions and Non-Institutions held 3.37% and 38.28% respectively.
Solarium Green Energy has received a Letter of Award (LoA) as a sub-contractor, for execution of End-to-End Engineering, Procurement and Construction (EPC) works, including 3 years of Operation and Maintenance (O&M) services, for a 50 MWac Solar PV Power Project in the State of Maharashtra, awarded under a project of Maharashtra State Power Generation Company (MAHAGENCO).
The total order value is approximately Rs 188.525 crore exclusive of GST. This order is expected to strengthen the company’s presence in the renewable energy sector and contribute to the company’s revenues over the project execution period.
Solarium Green Energy is engaged in the business of Solar Solutions. The company provides turnkey solar solutions, including design, engineering, procurement, construction, testing, commissioning, transmission systems, and Operation & Maintenance for residential, commercial, industrial, and government solar projects.

