Agni Green Power Limited has announced that it has secured a significant solar power project from the Tripura Renewable Energy Development Agency (TREDA), Government of Tripura.

The company disclosed the development through a regulatory filing submitted to the National Stock Exchange of India (NSE) under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

According to the filing, the total project value stands at approximately ₹9.01 crore, including all duties and taxes.

This new order strengthens the company’s position in the renewable energy sector and adds to its growing project portfolio in India’s solar power market.

Details of the Solar Power Project

The work order awarded to Agni Green Power includes:

• Design
• Survey
• Manufacture
• Supply
• Erection
• Testing
• Commissioning

of 2 kWp Off-grid Solar PV Power Plants.

The project also includes:

• Internal electrification
• Five years Warranty
• Annual Maintenance Contract (AMC)

The entire project will be executed on a turn-key basis, meaning the company will be responsible for end-to-end implementation and delivery.

Project Value and Timeline

As per the disclosure, the project carries a total consideration of:

₹9,01,65,322.50

(Rupees Nine Crore One Lakh Sixty-Five Thousand Three Hundred Twenty-Two and Fifty Paisa Only)

The value includes applicable GST and other taxes.

The company stated that the execution period for the project is:

12 months from the date of issue of Letter of Award (LoA)

This timeline indicates that the company is expected to complete installation and commissioning activities within one year.

Focus on Rural and Off-Grid Electrification

The awarded project involves installation of off-grid solar PV systems, which are commonly used in areas where traditional grid connectivity is difficult or unreliable.

Such projects play an important role in:

• Rural electrification
• Renewable energy adoption
• Reducing dependence on fossil fuels
• Sustainable energy access

The inclusion of internal electrification and maintenance services suggests the project is designed to provide long-term operational support and reliable clean energy access.

Boost for Renewable Energy Sector

India continues to aggressively expand its renewable energy capacity under various central and state government initiatives.

Projects such as these support:

• Solar energy penetration
• Decentralized power generation
• Clean energy infrastructure development
• Energy security in remote regions

Government-backed agencies like TREDA are actively promoting renewable power projects to improve energy accessibility and environmental sustainability.

Agni Green Power’s latest order reflects increasing opportunities for companies operating in:

• Solar EPC services
• Renewable infrastructure
• Off-grid energy systems
• Rural electrification solutions

No Related Party Involvement

The company clarified in its filing that:

• The project has been awarded by a domestic entity
• There is no promoter or promoter group interest in the awarding authority
• The transaction does not fall under related party transactions

These disclosures are important from a corporate governance and transparency perspective.

Importance of the Order for Agni Green Power

The new order is significant for Agni Green Power because:

• It enhances the company’s order book
• Strengthens revenue visibility
• Improves execution opportunities in the renewable segment
• Expands presence in government-backed solar projects

Large renewable projects also help companies build technical expertise and strengthen relationships with public sector agencies.

The long-term AMC component may additionally contribute to recurring service revenue over the coming years.

Growing Demand for Off-Grid Solar Solutions

Demand for off-grid solar power systems has been rising steadily across India due to:

• Increasing rural electrification efforts
• Demand for sustainable power solutions
• Government subsidy programmes
• Expansion of clean energy infrastructure

Off-grid systems are particularly beneficial in:

• Remote villages
• Hilly terrain
• Border areas
• Regions with unstable grid supply

Tripura and several northeastern states are witnessing increased renewable energy investments aimed at improving electricity access and reducing diesel dependence.

About Agni Green Power Limited

Agni Green Power Limited is engaged in the renewable energy business and focuses on solar power solutions and related infrastructure services.

The company is listed on the NSE under the symbol:

AGNI

Its registered office is located in Kolkata, West Bengal.

The company continues to participate in India’s expanding clean energy ecosystem through solar installation and infrastructure projects.

Join our Telegram Channel for Latest News and Regular Updates.

Start your Mutual Fund Journey  by Opening Free Account in Asset Plus.