Oriana Power has reported revenues of INR 359.54 crore and net profit of INR 48.57 crore during the half-year ended September 30, 2024.
Oriana Power has reported revenues of INR 359.54 crore during the half-year ended September 30, 2024, an increase of 461% compared to INR 64.05 crore in the corresponding period of the previous year. Profit after tax was INR 48.57 crore, 748% up as against INR 5.73 crore in the corresponding period of the previous year.
Oriana Power, with a growing presence in the EPC and RESCO segments, has projects under construction over 500+ MW and a business pipeline of over 1500+ MW. The company has completed and delivered projects of more than 50 MW, and targets 500 MW operational capacity by 2026, with an additional 500 MW planned for 2027. It has signed an MoU with a hydrogen off-taker for 100% of the green hydrogen production, amounting to 350 kg of hydrogen per day. The company is in an advanced stage of discussions with off-takers in US and Europe for e-Methanol and green ammonia.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.