⚡ Quick Read
- What happened: Oriana Power has bagged EPC contracts for three solar-plus-storage projects in Jodhpur, Rajasthan, totaling 32 MW of solar capacity and 20 MWh of BESS.
- Why it matters: The deal highlights the growing demand for integrated C&I solar-storage solutions, offering a blueprint for EPC contractors to capture high-value hybrid project opportunities.
- Watch: Oriana Power’s progress toward its ambitious 1 GWh BESS target by FY 2026 and its scaling of electrolyzer manufacturing.
Background and Context
As India’s commercial and industrial (C&I) sector increasingly prioritizes round-the-clock power and grid stability, the integration of Battery Energy Storage Systems (BESS) with solar projects has moved from a niche requirement to a standard expectation. Oriana Power, a key player in the Indian renewable energy landscape, has been aggressively expanding its footprint in this segment. With a cumulative delivery of over 400 MW of solar projects and a robust pipeline, the company is positioning itself as a leader in the transition toward hybrid renewable energy solutions.
Key Details
Oriana Power has secured three distinct EPC contracts from domestic entities: Kesari Alloys, Ramayna Ispat, and Duggar Fiber. All projects are located in Jodhpur, Rajasthan. The total EPC contract value is ₹1.62 billion (~$17.27 million), supplemented by an aggregate operation and maintenance (O&M) contract value of ₹10 million (~$106,600).
The breakdown of the projects is as follows:
- Kesari Alloys: 16 MW solar project with 10 MWh BESS. EPC value: ₹743.41 million; O&M: ₹5 million for two years.
- Ramayna Ispat: 8 MW solar project with 5 MWh BESS. EPC value: ₹441.7 million; O&M: ₹2.5 million for two years.
- Duggar Fiber: 8 MW solar project with 5 MWh BESS. EPC value: ₹441.7 million; O&M: ₹2.5 million for two years.
The scope of work encompasses the entire project lifecycle, including design, supply, installation, testing, and commissioning, followed by a two-year O&M service period.
What This Means for EPCs and Developers
For EPC contractors, this development underscores the shift toward complex, multi-technology projects. The ability to manage BESS integration alongside solar PV is becoming a critical differentiator in winning C&I tenders. Developers are increasingly looking for partners who can provide end-to-end execution, reducing the complexity of managing multiple vendors for storage and generation components. Furthermore, the financial scale of these orders indicates that private C&I players are willing to invest significantly in storage to mitigate grid volatility and ensure power reliability.
What Happens Next
Oriana Power is currently executing over 550 MW of projects with 800 MW of connectivity already secured. The company has set aggressive targets, aiming for 1 GW of installed solar capacity by FY 2026 and 6 GW of total EPC capacity by 2030. In the BESS segment, the company plans to scale its portfolio to over 1 GWh by FY 2026 and 3.5 GWh by 2030. Additionally, the company is diversifying into green hydrogen, backed by a 10,000 MTPA allocation under the SIGHT program, which will be a key area to watch as the company scales its electrolyzer manufacturing capabilities.
