Oriana Power Ltd. Company History and Annual Growth Details

The Company was originally incorporated on February 21, 2013 as a Private Limited Company as “Oriana Power Private Limited” vide Registration No. 248685 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 and a new CIN U35990DL2013PTC248685-was issued by ROC, Delhi, 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. The Corporate Identification Number of the Company is U35990DL2013PLC248685.

KEY EVENTS AND MILESTONES:

2013
- Incorporation of the Company as a private limited company with the name of “Oriana Power Private Limited” with the motive to provide Solar Power Products & Solution based company

2014
- The Company obtained Importer Exporter Code.

2017
- Entered into Solar Business in 2017: started Solar EPC model

2018
- Entered into overseas EPC business in 2018: Delivered 2 projects in Kenya
- Entered into solar RESCO / OPEX project: Installed First RESCO project

2021
- Award of ‘Best solution provider of the year’ 2021- by “The Solar Retail Show Awards’
- Received certificate for conforming to the requirements of Quality Management Standard ISO 9001:2015 for manufacturing & Assembly/ Integration of solar power renewable energy related products & solutions solar grid tie/off grid power solution, solar structure, electrical panels etc. (Certificate Number: AB90V810243)

2022
- Award of Best performance in EPC- Floating Solar: awarded by” Solar Quarter”

2023
- Company converted into Public Limited Company and consequently name changed from “Oriana Power Private Limited to “Oriana Power Limited”.



2023 
-Best Solution provider of the year (EPC-Floating Solar ) 
-Oriana Power Limited has  commenced their RESCO project has commenced power generation, ensuring a steady stream of monthly recurring revenue over the next 25 years. This milestone is a testament to their commitment to clean and renewable energy, contributing to a greener future while creating long-term economic benefits

2024 
-The Company signs MoU with Rajasthan govt; to invest Rs 10,000 crore in clean energy projects. 
-The Company has achieved significant strategic milestones for the implementation of projects under PM- Surya Ghar Muft Bijli Yojana. 
-The Company has announced the commissioning of a 29 MWp Captive Open Access Solar Power Plant in Karnataka.
-The Company has been awarded a prestigious contract worth Rs. 14.88 Crores for the supply of a 3 MWp turnkey Engineering Procurement and Commissioning (EPC) segment of the company.
-Oriana Power Limited new order of 6.221MWp for executing solar power project have been received by Truere Up 2 Private Limited (wholly owned subsidiary) of the company under RESCO (Renewable Energy Service Company) segment of the company.
-Oriana Power Limited has been awarded a significant contract to develop a Compressed Bio Gas (CBG) plant, capable of producing 21 tons daily, in Maharashtra. 
-Oriana Power Limited has been awarded a prestigious contract worth Rs.  14.88 Crores for the supply of a 3 MWp turnkey Engineering Procurement and Commissioning (EPC) segment of the company.Oriana forays into Goa and shipping industry with this prestigious project.
-Oriana Power Limited has been awarded a new contract aggregating to 76.62 MW (AC) Solar Power Plant.

2025
-Oriana Power Limited has informed the Exchange regarding ''Receipt of Letter of Award (LOA) for setting up of 125 MW/ 250 MWH Standalone Battery Energy Storage Systems in the State of Rajasthan Receipt of Letter of Award (LOA) for setting up of 125 MW/ 250 MWH Standalone Battery Energy Storage Systems in the State of Rajasthan Receipt of Letter of Award (LOA) for setting up of 125 MW/ 250 MWH Standalone Battery Energy Storage Systems in the State of Rajasthan"
-Oriana Power Limited and Invest Alberta Corporation Ink MoU to Explore and Develop Renewable Energy, Green Hydrogen, and E-Methanol Projects in Alberta, Canada
-Oriana Power Limited has informed the Exchange about Receipt of Letter of Award for Setting up of contract of 50 MW (AC) Solar Power Project under Engineering, Procurement and Commissioning (EPC) Segment

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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