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					</table><p><a href="https://oriano.com/" target="_blank" rel="noopener">Oriano</a>, <a href="https://www.waaree.com/" target="_blank" rel="noopener">Waaree Renewable Technologies</a>, <a href="https://www.prozealgreen.com/" target="_blank" rel="noopener">Prozeal Green Energy</a>, <a href="https://www.tatapower.com/" target="_blank" rel="noopener">Tata Power Solar</a>, and <a href="https://www.gensol.in/" target="_blank" rel="noopener">Gensol Engineering</a> emerged as the top utility-scale solar engineering, procurement, and construction (EPC) service providers in the calendar year (CY) 2023, according to Mercom&#8217;s <a href="https://www.mercomindia.com/product/mercoms-india-solar-market-leaderboard-2024-market-shares-and-profiles" target="_blank" rel="noopener">India Solar Market Leaderboard CY 2023</a>.</p>
<p>Oriano was the top EPC player with a market share of 14.8%, followed by Waaree Renewable Technologies and Prozeal Green Energy with 13.7% and 13.6%, respectively.</p>
<p>Tata Power Solar and Gensol Engineering had 11.9% and 7.4% market share, respectively.</p>
<p>The top five utility-scale solar EPC service providers accounted for over 61.4% of the market share.</p>
<p>In CY 2023, there were significant changes in market shares compared to the previous year. Oriano, Waaree RTL, Prozeal Green Energy, and Gensol were new entries into the top ten list in 2023.</p>
<p>&nbsp;</p>
<p><img loading="lazy" decoding="async" class="aligncenter wp-image-66043 size-full" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/05/Screenshot-2024-05-10-102910.png" alt="" width="727" height="498" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/05/Screenshot-2024-05-10-102910.png 727w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/05/Screenshot-2024-05-10-102910-300x206.png 300w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/05/Screenshot-2024-05-10-102910-650x445.png 650w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/05/Screenshot-2024-05-10-102910-624x427.png 624w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/05/Screenshot-2024-05-10-102910-600x411.png 600w" sizes="(max-width: 727px) 100vw, 727px" /></p>
<p>Oriano led the list of EPC service providers in 2023. During the year, the company has installed captive solar power projects totaling 40 MW in Jharkhand and Bihar for Shree Cement.</p>
<p>Waaree Renewable Technology, the EPC arm of Waaree Energies, ranked second during the year. The company commissioned 87.5 MW as a part of UPC Renewables&#8217; 150 MW ISTS-connected solar project in Khandwa, Madhya Pradesh. It also received letters of award to provide EPC services for solar projects totaling over 1 GWp.</p>
<p>Prozeal Green Energy climbed up the list to third position in 2023 from ninth in the previous year. In April 2023, it <a href="https://www.mercomindia.com/prozeal-infra-raises-4-solar-epc-operations" target="_blank" rel="noopener">raised</a> $4 million (~₹327.6 million) in Series A funding from Alchemie Ventures to scale operations and execute developer-model projects for energy and utility companies across India.</p>
<p>Mercom&#8217;s leaderboard report comprehensively covers India&#8217;s solar industry leaders, detailing market shares and rankings across the solar supply chain.</p>
<p>For the detailed and comprehensive report, click <a href="https://www.mercomindia.com/product/mercoms-india-solar-market-leaderboard-2024-market-shares-and-profiles" target="_blank" rel="noopener">here</a>.</p>
<p>The <a href="https://www.mercomindia.com/product/mercoms-india-solar-market-share-tracker" target="_blank" rel="noopener">Market Share Tracker</a> gives quarterly insights into the solar market competitors and their growth rates.</p>


Oriano, Waaree, Prozeal: Leading Solar EPC Companies in 2023


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					</table><p><a href="https://oriano.com/company.html" target="_blank" rel="noopener">Oriano</a>, a solar engineering, procurement, and construction (EPC) services provider, commissioned a 70 MW captive solar power project at Kakrel, Nawagaon, and Baigatola villages of Rajnandgaon district in Chhattisgarh for a steel and ferroalloy manufacturing plant.</p>
<p>The solar project is claimed to be one of the largest captive solar projects in the commercial and industrial (C&amp;I) segment in Chhattisgarh.</p>
<p>The captive project will use a 132 kV transmission line to evacuate the 100% power generated from the project, which will be used by Godawari Power &amp; Ispat Limited (<a href="http://godawaripowerispat.com/" target="_blank" rel="noopener">GPIL</a>) for its in-house operations. GPIL is part of the Raipur-based Hira Group of Industries, which manufactures steel wire, sponge iron, billets, and ferroalloys.</p>
<p>The project&#8217;s overall capacity is 172 MW, of which 70 MW has been commissioned, with the remaining 102 MW scheduled for commissioning by January 2023.</p>
<p>Co-founder and CEO of Oriano Clean Energy Private Lokendra Singh Rajput said, &#8220;This is one of the large capacity open access captive solar plants commissioned by Oriano during the peak of Covid-19 period. The trend demonstrates our sharp focus on timely project delivery and offering development, EPC, and O&amp;M as our portfolio offerings. It also reinforces our commitment to lead India&#8217;s transition towards a greener future through a strategic approach and operational excellence.&#8221;</p>
<p>Director at GPIL Sudeep Chakraborty observed, &#8220;GPIL through its subsidiary Godawari Green Energy Limited also constructed India&#8217;s first 50 MWac concentrated solar plant in 2012, in Rajasthan. Hira Group again took the initiative to construct one of the largest solar captive projects in Chhattisgarh for their captive power requirement. It&#8217;s delighting to note that Oriano leadership was involved in the construction of the 50 MW captive solar plant project in 2012 and now in the construction of the 172 MW captive open access solar power project in Chhattisgarh.&#8221;</p>
<p>The 70 MW captive solar project is spread across 184 acres and is deployed using 540 Wp mono-passivated emitter and rear contact (PERC) photovoltaic modules with half-cut cell technology. The entire Balance of System (BoS) components have been manufactured under the Make in India initiative, including the solar inverter manufactured by Toshiba -Mitsubishi.</p>
<p>Oriano executed the project with a turnkey scope of Chattisgarh Renewable Development Agency (CREDA) approvals, land due diligence, EPC including design, engineering, module selection, 132 kV switchyard, and operation &amp; maintenance for five years.</p>
<p>In November 2021, the company <a href="https://mercomindia.com/daily-news-wrap-up-sjvn-form-renewable-energy-subsidiary/" target="_blank" rel="noopener">announced</a> that it was developing a 70 MW solar park in Chhattisgarh, a 100 MW solar park in Maharashtra, a 125 MW park in Karnataka, and a 50 MW solar park in Tamil Nadu. Oriano had commissioned a 26 MW solar park at 110 kV in the Raichur district of Karnataka. The project was commissioned under the group captive open access mechanism.</p>
<p>Chhattisgarh has been making rapid strides towards expanding the solar open access market during the first quarter of 2022. The state accounted for 9.94% of the total installations during the quarter, according to <a href="https://mercomindia.com/product/india-solar-open-access-market-report-q1-2022/" target="_blank" rel="noopener">Mercom India Solar Open Access Market Report Q1 2022</a>.</p>


Oriano Commissions 70 MW Captive Solar Project for Hira Group in Chhattisgarh

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