Oriana Power to build solar plant for Indian cement producer

Solar plants builder Oriana Power Ltd (NSE:ORIANA) announced today a INR-343.9-million (USD 4.2m/EUR 3.8m) order to set up a photovoltaic (PV) park for an unnamed cement production company based out of Rajasthan, India.

The contract calls for Oriana Power to build a ground-mounted solar power plant with a direct current (DC) capacity of 7 MW. The company will handle every aspect of the project’s life-cycle, from designing and engineering to supply and installation. A one-year commitment to operation and maintenance (O&M) services is included as well.

Moreover, the company will be in charge of supplying the Aux panel with metering and the supply and laying of cables for a new training centre.

Oriana Power estimates that the engineering, procurement and construction (EPC) phase will last five months.

(INR 10 = USD 0.121/EUR 0.112)

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