India’s Most Popular Solar Company is Giving Excellent Returns to Investors
Oriana Power Limited has announced the establishment of a new subsidiary, True Nature Private Limited, with an authorized capital of ₹1,00,000. This subsidiary aims to enhance power generation capabilities and will engage in EPC projects, operation and maintenance, consultancy services, and power distribution. This strategic move aligns with Oriana Power’s commitment to expanding its footprint in the renewable energy sector.
Strategic Objectives and Market Position
True Nature will bolster Oriana Power’s presence in renewable energy, focusing on solar and wind energy solutions. As global demand for clean energy rises, this new entity is well-positioned to contribute to India’s energy security and environmental goals.
Recently Found Project
Oriana Power secured an ₹83.56 crore contract from NTPC Vidyut Vyapar Nigam Limited to develop a 19.26 MW solar power plant. The project, expected to complete within eight months, showcases Oriana’s expertise in solar energy.
Learn About the Company
Oriana Power Limited provides comprehensive solar energy solutions, including EPC and BOOT projects, with a focus on both capex and RESCO models.
Company’s Financial Performance and Market Position
With improved debtor days and reduced working capital requirements, Oriana Power’s market capitalization stands at ₹4,390 crore. The stock has provided multibagger returns of over 750% from its 52-week low, attracting significant investor interest.
Disclaimer: This article is for informational purposes only and does not constitute any investment advice. It is advisable to consult financial experts before making any investment decisions.
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Summary at glance
Oriana Power Limited has launched a subsidiary, True Nature Private Limited, to enhance its role in renewable energy, focusing on solar and wind power generation. The company has secured an ₹83.56 crore contract from NTPC to develop a 19.26 MW solar plant, showcasing its expertise in the sector. With improved financial metrics and significant stock returns, Oriana Power is well-positioned for growth in India’s solar energy market, attracting numerous investors.
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