Australian Premium Solar (India) receives LOA for 16 MW rooftop solar projects from SBPDCL
The company announced on 15 June 2026 that South Bihar Power Distribution Company Limited awarded it a Letter of Award to set up 16 MW of grid‑connected rooftop solar capacity.
What Australian Premium Solar (India) announced
On 15 June 2026, Australian Premium Solar (India) Limited (APS) filed a Regulation 30 notice with the NSE informing the market that it has received a Letter of Award (LOA) from South Bihar Power Distribution Company Limited (SBPDCL). The LOA authorises APS to execute a set of grid‑connected rooftop solar projects totalling 16 MW of installed capacity.
Details of the Letter of Award
The LOA is a formal contract award document issued by SBPDCL, a state‑run power distribution utility serving the South Bihar region. While the filing confirms the award and the total capacity, it does not disclose the monetary value of the contract, the payment schedule, or any penalties for delay. The document also does not specify the exact number of individual rooftop sites, but the aggregate capacity of 16 MW suggests a sizeable deployment across multiple commercial or institutional buildings.
Project specifics
- Scope – Design, engineering, procurement, installation, testing and commissioning of grid‑connected rooftop solar systems.
- Capacity – 16 MW (approximately 1,600 kW per 10 MW block, indicating a multi‑site rollout).
- Location – South Bihar, India, under the jurisdiction of SBPDCL.
- Technology – Photovoltaic (PV) modules with grid‑tie inverters, adhering to Indian grid interconnection standards.
- Timeline – The filing does not provide a commencement or completion date; such details are typically outlined in the full contract.
Key facts at a glance
| Detail | Value |
|---|---|
| Company | Australian Premium Solar (India) Ltd |
| NSE ticker | APS |
| Counterparty | South Bihar Power Distribution Co. Ltd |
| Project type | Grid‑connected rooftop solar |
| Total capacity awarded | 16 MW |
| Filing date | 15 June 2026 |
| Source | Regulation 30 LOA filing (NSE) |
Why this matters for investors
The award expands APS’s order book in the fast‑growing rooftop solar segment, which is a key focus area for the Indian renewable‑energy market. Although the contract value is undisclosed, a 16 MW project typically translates into a multi‑crore revenue stream over the execution period. The LOA also signals continued demand from state utilities for clean‑energy solutions, potentially supporting future pipeline growth. Investors should note that the filing does not mention any financing arrangements or regulatory approvals that might affect project timelines.
Conclusion
Australian Premium Solar (India) Limited has secured a 16 MW rooftop solar contract from SBPDCL, adding a significant EPC order to its portfolio. While the filing confirms the award, financial terms and execution timelines remain undisclosed, leaving some uncertainty about the project's impact on the company’s near‑term revenue.
Frequently asked questions
Source filing: view original