Oriana Power entered a contract with one of the companies in the cement industry to implement a project on battery energy storage in Rajasthan.
In a regulatory filing, the firm noted that it would execute EPC services like design, engineering, supply, construction, installation, and commissioning of a 75 MW solar plant. A Battery Energy Storage System (BESS) of 111.57 MWh based in Rajasthan is also covered in the project.
The company further added, “The total value of the project will be approximately ₹476.13 crore, including GST. This project marks a major step forward for the company in integrating solar power with advanced energy storage solutions, further strengthening our contribution to India’s clean energy journey. The project is expected to be completed within eight months from the date of the order and receipt of the advance.”
Parveen Kumar, co-founder of Oriana Power, said during the last investor call, “Oriana Power is going to build a 400 MW energy storage system with the Rajasthan, Karnataka, Telangana, and Tamil Nadu governments, utilizing abundant sources of storage. We can flatten the dynamic demand profile, stabilize the grid, and increase the utilization of India’s fast-growing solar power capacity, ultimately moving our country toward energy self-reliance and complete energy security.”
Penveen Kumar also informed about the fact that 403 MW of BESS storage capacity would be added by the company in the next several years.
The company said, “We have been awarded 3-4 contracts of 100 MWh each by the Rajasthan Government, Telangana, Karnataka, and Tamil Nadu. Similarly, for the BESS also, we have also made a commitment of 3.5 GWh additional portfolio by FY 2030, but I think, with the current aggressive market requirements and opportunities that we are looking at, this target can be achieved earlier than FY 2030.”
Sharing the company’s past achievement and expansion plan, he stated, “So last year we already discussed that a 400-plus MW project has been delivered, and 550 MW of projects are under execution. We have an additional 700 MW hours under pipeline for this year. We are targeting that we should meet the target of 1 GW for the solar capacity, and for the battery energy storage, also we have set a target of one GWh plus.”
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