Raminfo shares in focus as company bags Rs 474 crore rooftop solar project order from Rajasthan government
By Aditya Bhagchandani Published on June 17, 2025, 11:59 IST
Raminfo Limited is likely to draw investor attention after announcing a major project win worth ₹474 crore. The company, in a press release dated June 17, 2025, revealed that it has secured an order from the Rajasthan Renewable Energy Corporation Limited (RRECL) to install rooftop solar photovoltaic (RTS) power projects across government buildings in Rajasthan. This is Raminfo's largest foray into green energy, executed through its new subsidiary, Raminfo Green Energy Private Limited.
Under the Hybrid Annuity Mode (HAM), the scope of the project includes design, supply, erection, testing, commissioning, and 25 years of comprehensive operation and maintenance of 73 MW RTS capacity. Raminfo will hold a 51% stake in the project.
The Managing Director of Raminfo, L. Srinath Reddy, stated that this project is a significant step in the company's green energy journey and positions Raminfo to play a leading role in India's rooftop solar mission. With India's rooftop solar market projected to reach USD 4.46 billion by 2033, this order could be a major growth catalyst.
Founded over 30 years ago, Raminfo is a BSE-listed tech solutions provider with presence across e-governance, smart energy, fintech, IoT, and healthcare sectors.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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