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Oriana Power to Develop 128 MW Solar Project for Dalmia Cement

The project will be executed under the open access captive mode

September 11, 2024

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Oriana Power, through its subsidiary, Truere Surya, has secured a ₹5.2 billion (~$61.94 million) contract from Dalmia Cement (DCBL) to develop a 128 MW ground-mounted solar power project under the open access captive arrangement in Tamil Nadu. Dalmia Cement will acquire 26% shares for ₹448 million (~$5.34 million) in Truere Surya, Oriana said in a filing on the National Stock Exchange.

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