Orient Green Power's subsidiary, Clarion Wind Farm, has executed an agreement with Suzlon Southern Projects for a 6.3 MW wind repowering project. The contract covers supervision and commissioning at the Devarkulam site in Tamil Nadu for a consideration of Rs 4.85 Crores. The project is scheduled for completion by June 2026. This initiative aims to modernize existing infrastructure and potentially improve energy generation efficiency.

Orient Green Power reported a robust 9M FY26 with net profit rising 54% YoY to ₹88.13 crores, supported by a 20% decline in finance costs. The company is diversifying its portfolio, having commissioned its first 7 MW solar project and planning another 28 MW by May 2026. A key strategic move is the 6 MW wind repowering project in Tamil Nadu, which is expected to boost specific asset EBITDA from nearly zero to ₹7.5 crores. Management is also targeting a 1 GW total capacity through both organic and inorganic growth.

Orient Green Power reported a strong nine-month performance for FY26, with revenue growing 16% YoY to ₹254.36 crore and PBT surging 88% to ₹88.40 crore. Although the company reported a seasonal consolidated loss of ₹21.43 crore in Q3 FY26, this was a slight improvement over the ₹22.41 crore loss in the previous year's quarter. The company is aggressively expanding, having commissioned a 7 MW solar project and contracted for an additional 28 MW of solar and wind capacity. These new initiatives, including a first-of-its-kind repowering project in Tamil Nadu, are expected to add approximately ₹36 crore to annual EBITDA.

Orient Green Power reported a strong 9-month performance for FY26, with revenue growing 16% to ₹254.36 crore and PBT jumping 88% to ₹88.4 crore. While the Q3 period saw a seasonal loss of ₹21.43 crore, the company successfully commissioned a 7 MW solar project and secured contracts for an additional 28 MW of capacity. These new projects and a 6 MW repowering initiative are projected to contribute approximately ₹36 crore to annual EBITDA. The company is effectively utilizing its ₹250 crore rights issue proceeds for capacity expansion and debt reduction.

Orient Green Power's subsidiary, Gamma Green Power Private Limited, has signed an EPC contract with Renfra Energy India Limited to set up a 9.9 MW wind power project. The project, located in Tiruchirappalli, Tamil Nadu, involves the installation of three 3.3 MW wind turbine generators on a turnkey basis. The total contract value is approximately Rs. 85.05 crores, including GST. This expansion is scheduled for completion by April 30, 2026, which will enhance the company's total renewable energy generation capacity.

Orient Green Power's material stepdown subsidiary, Clarion Wind Farm Private Limited, has entered into a contract with Suzlon Energy Limited for the supply of 6.3 MW wind energy generators. The project involves repowering an existing wind farm at the Devarkulam site in Tamil Nadu using three units of 2.1 MW each. The total contract value is approximately Rs. 32.87 Crores, including GST. This modernization effort is expected to be completed by June 30, 2026, potentially improving the efficiency and output of the company's existing assets.

Orient Green Power's subsidiary, Delta Renewable Energy Private Limited, has executed an EPC contract with Remon Solutions for a new solar power project in Tamil Nadu. The project will have an aggregate installed capacity of 17.60 MW AC (24.64 MW DC) located in the Thiruvannamalai District. The total consideration for the contract is approximately Rs. 99.42 Crores, including GST. This project is expected to be completed by May 31, 2026, contributing to the company's renewable energy portfolio expansion.

Orient Green Power Company Limited (OGPCL) has commissioned its first solar power project through its subsidiary, Delta Renewable Energy Private Limited. The project is a 7 MW AC Solar Power Project at Krishnasamudhram Village, Tamil Nadu. This marks OGPCL's entry into the solar energy sector, complementing its wind power business. The power generated will be supplied to the captive shareholders of DELTA under the Group Captive Model. Delta is in the process of finalizing land for the remaining 18 MW AC Solar Power Project.

Orient Green Power Company's subsidiary, Delta Renewable Energy Private Limited, has entered the solar energy sector. They've successfully installed a 7 MW AC Solar Power Project in Tamil Nadu. This marks the company's first solar power project, complementing their existing wind power portfolio. The project will operate under the Group Captive Model, supplying power to captive shareholders of DELTA.

Infomerics has upgraded the credit rating of Orient Green Power's material subsidiary, Beta Wind Farm, from IVR BBB- to IVR BBB/Stable. This subsidiary represents 97% of the company's consolidated debt, making the upgrade highly significant for the group's financial health. The upgrade is accompanied by a reduction in rated debt from ₹598.53 crore to ₹518.95 crore and triggers a 25 basis points interest rate reduction from IREDA. This lower interest cost is expected to directly enhance the company's consolidated net profit.