
Oriana Power Ltd.
Oriana Power
₹ 0.00
0.00 (0.00)%
NSE
BSE
Capital Goods
Small-cap - With a market cap of ₹37.03 Cr.
No Subsidiaries Data available
The company was originally incorporated on February 21, 2013 as a Private Limited Company as ‘Oriana Power Private Limited’ vide Registration under the provisions of the Companies Act, 1956 with the Registrar of Companies, Delhi. Thereafter the main object of the company was altered by passing of special resolution by the shareholders of the company on August 19, 2019, Subsequently, pursuant to a special resolution passed by the Shareholders at their Extraordinary General Meeting held on April 08, 2023, The company was converted from a Private Limited Company to Public Limited Company and consequently, the name of the company was changed to ‘Oriana Power Limited’ and a Fresh Certificate of Incorporation consequent to Conversion was issued on April 24, 2023 by the Registrar of Companies, Delhi.
Oriana Power is a company that specializes in providing solar energy solutions to industrial and commercial customers. It offers low carbon energy solutions by installing on-site solar projects such as rooftop and ground-mounted systems, as well as off-site solar farms i.e. Open access. Its business operations are primarily divided into two segments: Capital Expenditure (CAPEX) and Renewable Energy Service Company (RESCO). Under the CAPEX model, it offers Engineering, Procurement, construction, and operation of solar projects. In this model, customer invest in the Capital Expenditure at their own and Oriana does Engineering, Procurement, Construction and Operation on behalf of the client. This model may be executed in various manners such as rooftop and ground-mounted systems, as well as off-site solar farms. Under CAPEX Model it has delivered projects with a capacity exceeding 100 MWp across various locations across India till date since commencement of its business activity in this area of service i.e. June 2017.
Under the RESCO model, it operates through its 18 (eighteen subsidiaries). Its subsidiaries provide solar energy solutions on a BOOT (Build, own, operate, transfer) model basis, allowing its customers to enjoy the benefits of solar energy without the upfront investment. All the Investment, Commissioning and maintenance are done at its end and in lieu of that the company sells power to the end consumer through a Power Purchase agreement generally agreed for 25 years. This Business gives it Annuity income post recovery of Initial investment.
Business area of the company
The company is specializes in providing solar energy solutions to industrial and commercial customers.
Products of the company
History and milestone
