Oriana Power Limited — Important, 21-01-2025: General Updates

Oriana Power Limited has secured a significant contract to establish a Compressed Bio Gas (CBG) plant in Uttar Pradesh, boasting a capacity of 21 tons per day. This project has a value of ₹59 crore and is expected to be completed within 12 months. The contract, awarded by a domestic renewable energy developer, reflects Oriana's commitment to enhancing its position in the renewable energy sector. This development presents a positive outlook for the company, indicating growth in sustainable energy solutions and potential revenue generation from the operation of the new facility. Investors should monitor this project's progress closely as it aligns with expanding trends in renewable energy.