- Corporate Evolution:
- Established in 2013 as Oriana Power Private Limited.
- Transformed into a Public Limited Company on April 8, 2023, as Oriana Power Ltd.
- Specializes in solar energy solutions for industrial and commercial clients.
- Operational Models:
- Engages in the CAPEX model for solar projects (EPC services).
- Operates under the RESCO model through 18 subsidiaries for solar solutions on a BOOT basis.
- CAPEX Model (EPC):
- Clients include major names like Hindustan Petroleum, Hero Motocorp, Tata Memorial Hospital, and more.
- Oriana’s role spans Engineering, Procurement, Construction, and Operation of solar projects.
- Clients invest in capital expenditure, and Oriana delivers projects exceeding 100 MWp capacity.
- RESCO Model (Opex):
- Clients include Hindustan Copper, National High-Speed Rail Corporation, and more.
- Oriana arranges capital, owns, operates, and transfers solar projects.
- Clients pay a predetermined tariff, and Oriana retains ownership, ensuring annuity income.
Current Projects and Empanelment:
- Ongoing projects include Coal India, Solar Energy Corporation of India, and others.
- Empanelment for government projects, industry consortium participation, and corporate partnerships showcase Oriana’s commitment to advancement.
Solutions:
- Floating Solar Panels:
- Utilizes bodies of water for solar panel deployment.
- Benefits include efficient land use, increased electricity production, and environmental impact mitigation.
- Projects in Udaipur and Vizag showcase capacity and environmental benefits.
- Ground Solar Power Plant:
- Thrives in open land environments, contributing to sustainable energy landscapes.
- Projects in Udaipur, Bhatinda, Nava, and others demonstrate capacity and environmental contributions.
- Solar Park:
- Large-scale solar farms amplifying energy utilization.
- Projects in Bikaner, Lalitpur, and Sholapur under construction.
- Rooftop Solar:
- Premier provider of rooftop solar solutions.
- Projects in Sarvodaya Kanya Vidyalaya, Modern Delhi Public School, Terrestrial Foods Limited, and more.
Operation and Maintenance (O&M):
- Oriana Power emphasizes reliable and efficient O&M services.
- Customized services with a fixed annual fee or a percentage of plant capacity, ensuring quality and client satisfaction.
Conclusion:
Oriana Power Ltd stands as a leading player in the renewable energy sector, offering a comprehensive suite of solutions under both the CAPEX (EPC) and RESCO models. The company’s commitment to innovation, sustainability, and client satisfaction is evident through its diverse portfolio of projects, operational excellence, and strategic empanelment. Oriana Power continues to contribute significantly to India’s renewable energy landscape, aligning with global efforts toward a cleaner and more sustainable future.