Oriana Power Limited receives two LOAs for 900 MW/1800 MWh BESS in Maharashtra
Oriana Power Ltd · Electrical Equipment
What the filing says
- Received two Letters of Award dated 18th September 2026 from Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) to set up 900 MW/1800 MWh Battery Energy Storage Systems.
- Contract value approximately ₹3,870 crore over 15 years, comprising ₹2,142 crore for 500 MW/1000 MWh and ₹1,728 crore for 400 MW/800 MWh projects.
- Projects under Tariff-Based Global Competitive Bidding with Viability Gap Funding support; term of Battery Energy Storage Purchase Agreements (BESPA) is 15 years from Commercial Operation Date.
Why it's rated notable: Two binding Letters of Award for 900 MW / 1800 MWh with an aggregate consideration of Rs. 3,870 Crore, which exceeds the company's annual revenue of ₹1,814 crore, place this order at the high level, though the BESPAs are yet to be executed.
Figures checked against the filing by a second AI read. About the business, not the share price.
Original filing
Bagging/Receiving of orders/contracts
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.