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The latest update is out from Orient Green Power Company Ltd ( (IN:GREENPOWER) ).
Orient Green Power Company Limited (OGPCL) has commissioned its first solar power project through its subsidiary, Delta Renewable Energy Private Limited, marking a strategic expansion beyond its traditional wind energy focus. The 7 MW AC solar project in Tamil Nadu is part of a larger 25 MW initiative funded through a Rights Issue, reflecting OGPCL’s commitment to diversifying its renewable energy portfolio. This development is expected to enhance the company’s ability to meet growing energy demands, support customer base expansion, and bolster long-term revenue stability. By operating under the Group Captive Model, the project positions OGPCL competitively in India’s clean-energy landscape and aligns with national renewable energy goals.
More about Orient Green Power Company Ltd
Orient Green Power Company Limited (OGPCL) is a company engaged in the renewable energy sector, primarily focusing on wind energy. The company is expanding its portfolio by venturing into solar power generation, aiming to diversify its renewable energy offerings and strengthen its market position.
Average Trading Volume: 359,827
Technical Sentiment Signal: Sell
Current Market Cap: 14.15B INR
Learn more about GREENPOWER stock on TipRanks’ Stock Analysis page.