- CEO
- Rupal Gupta
- Full Time Employees
- 249
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Plot No. 19 & 20, JASK Towers Noida Ghaziabad UP India 201313
- IPO Date
- Aug 11, 2023
- Business
- Oriana Power Ltd. (ORIANA.NS) provides integrated renewable energy solutions primarily focused on solar power projects, battery energy storage systems (BESS), compressed biogas (CBG), green hydrogen, and related derivatives to industrial and commercial clients. The company offers engineering, procurement, and construction (EPC) services; build-own-operate-transfer (BOOT) models under its RESCO framework; operations and maintenance; rooftop solar, floating solar, ground-mounted solar, carport solar, and solar parks; open-access and group-captive projects; hybrid solar-BESS solutions; green ammonia and e-methanol production; and comprehensive energy-as-a-service offerings, including floating solar panels, hydrogen electrolyzers, and round-the-clock (RTC) power initiatives.
Incorporated in 2013 and headquartered in Noida, Uttar Pradesh, India, with a registered office in New Delhi, Oriana Power operates across 24 Indian states and internationally in regions including Kenya, Latin America, and Canada, serving B2B and B2C segments with a focus on high-energy-demand industries, PSUs, government bodies, and conglomerates pursuing net-zero goals.
Recent developments include the sale of approximately 238 MW of solar power plants to Actis GP LLP at an enterprise value of USD 108 million in 2025, alongside a joint development agreement for 1 GW of renewable assets with up to USD 100 million equity investment over two years, where Oriana serves as exclusive EPC and O&M partner; non-binding MoUs with Invest Alberta (Canada) for a USD 300-500 million RE complex scalable to USD 1 billion, the Government of Rajasthan for INR 10,000 crore integrated solutions including a 685 MW solar plant and 104 MWh BESS, the Government of Madhya Pradesh for INR 5,000 crore projects with 30 acres allocated for green ammonia and e-methanol, and the Government of Assam for INR 500 crore; SECI allocations of 60,000 MTPA green ammonia and 10,000 MTPA green hydrogen under the SIGHT scheme, securing INR 313 crore annual recurring revenue; BESPA agreements for 200 MWh BESS in Rajasthan and Tamil Nadu, plus 170+ MWh C&I hybrid orders; a LOA for a 3 MW solar project at Guyana airport worth USD 2.5 million; and a CRISIL credit rating upgrade to A-/Stable, enabling better capital management.
The company maintains a robust pipeline exceeding 2 GW solar capacity, 2,000+ MWh BESS, and 200,000 MTPA green hydrogen derivatives by FY28, with over 575 MW projects delivered, 550+ MW under execution, and 3,500+ acres of secured land across India; it targets 1+ GW renewable capacity by 2026 and positions as a full-spectrum RE player across generation, storage, and consumption.