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Oriana Power zooms 7.5% on bagging ₹1,180 Cr floating solar order in Jharkhand

News by Aliceblue News Desk

09 Mar 2026

Oriana Power zooms 7.5% on bagging ₹1,180 Cr floating solar order in Jharkhand

Introduction

Leading renewable energy company received ₹1,180.53 crore EPC contract from Damodar Valley Corporation for 234 MW floating solar PV project at Maithon Dam Reservoir, Jharkhand.

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Share price movement of Oriana Power

On March 9, 2026, Oriana Power Limited opened at ₹1,795.25, unchanged from its previous close of ₹1,795.25. The stock reached a high of ₹1,928.80 (7.44%) and a low of ₹1,751.00. By 11:50 AM, it traded at ₹1,845.00, a 2.77% increase, with a market cap of ₹3,748.88 crore.

Oriana Power Wins ₹1,180 Cr Solar Order

Oriana Power Limited received purchase orders worth ₹1,180.53 crore from Damodar Valley Corporation. The order covers setting up a 234 MW grid-tied floating solar PV plant at Maithon Dam Reservoir, Jharkhand.

The contract includes engineering, procurement, and construction of the solar project. The scope covers design, supply of equipment, civil and electrical works, installation, testing, and commissioning of the plant.

The project also includes comprehensive operation and maintenance services. The contract comprises three agreements covering equipment supply, EPC services, and maintenance. The project execution period is 18 months.

Stock performance of Oriana Power for period of 1 week, 6 months, and 1 year

Oriana Power Limited declined 0.06% over the past week. The stock fell 30.3% in the past 6 months and gained 37.9% over the past 1 year.

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Shareholding pattern of Oriana Power

ParticularsSep 2025Mar 2025Sep 2024
Promoter58%58%61%
FII0.90%0.90%0.20%
DII0.40%0.30%0%
Public40.80%40.90%38.40%

About Oriana Power

Oriana Power Limited (NSE – SME: ORIANA) provides EPC services for solar power projects and offers solar energy solutions under the BOOT model for renewable energy infrastructure.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Oriana Power Limited share price rising today?

A: Oriana Power Limited received ₹1,180.53 crore EPC contract from Damodar Valley Corporation for 234 MW floating solar project at Maithon Dam, Jharkhand.

Q: What is Oriana Power Limited’s main business focus?

A: Oriana Power Limited focuses on EPC services for solar power projects and provides solar energy solutions under the BOOT model.

Q: What are the 52-week high and low of Oriana Power Limited stock?

A: Oriana Power Limited stock has a 52-week high of ₹3,064.00 and a 52-week low of ₹1,000.0

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