On Wednesday, shares of Orient Green Power Company Limited were trading at ₹15.13 per share, slightly up by 0.07% from the previous close of ₹15.12. The stock witnessed an intraday high of ₹15.80 and a low of ₹14.97.
In a key development, Orient Green Power announced that its subsidiary, Delta Renewable Energy Private Limited, has signed an Engineering, Procurement, and Construction (EPC) contract with Remon Solutions Private Limited on June 11, 2025. The contract is for the development of a 7.00 MW AC (9.80 MW DC) Solar Power Project in Tiruttani Taluk, Thiruvallur District, Tamil Nadu. The estimated project cost is ₹40 crore, with completion expected within five months after land registration.
Company Overview:
Orient Green Power Company Limited is a leading renewable energy firm in India, primarily engaged in wind power generation. Its portfolio includes wind assets spread across Tamil Nadu, Karnataka, and Gujarat. The company develops, owns, and operates these assets, contributing clean energy to the national grid.
Financial Performance:
- Q4 FY25: Net sales rose 14% to ₹41 crore; net loss stood at ₹15 crore.
- FY25 Annual: Net sales reached ₹263 crore with a net profit of ₹42 crore.
As of March 2025, LIC holds a 1.31% stake in Orient Green Power. Notably, the stock has delivered multibagger returns of 475% over the last 5 years.
Disclaimer: This article is for informational purposes only and should not be considered investment advice