Solarworld Energy Soars 14% on ₹725 Cr NTPC Project Win

Business
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Moneycontrol•29-12-2025, 16:35
Solarworld Energy Soars 14% on ₹725 Cr NTPC Project Win
- •Solarworld Energy Solutions stock surged 14% on December 29, reaching ₹300.80 on the BSE.
- •Company secured a ₹725.33 crore EPC project from NTPC Renewable Energy Limited for a 250 MWac solar PV plant.
- •The project is slated for completion during the financial year 2026–27 and is not a related party transaction.
- •FY2025 financials show income up 9% to ₹551 crore and net profit up 49% to ₹77 crore.
- •Promoters Kartik Telatia, Rishabh Jain, Mangal Chand Telatia, Sushil Kumar Jain, and Anita Jain hold a 65.67% stake.
Why It Matters: Solarworld Energy Solutions surges on major ₹725 crore NTPC project, boosting financial outlook.
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