Hazoor Multi Projects Secures ₹913 Crore EPC Contract for 200 MW Solar Project in Gujarat
In a significant development for India’s renewable energy sector, Hazoor Multi Projects Limited (HMPL) has received a Letter of Award (LOA) for a major Engineering, Procurement, and Construction (EPC) contract valued at ₹913 crores. The contract has been awarded by Apollo Green Energy Limited (formerly Apollo International Limited) and marks a substantial step forward for solar infrastructure development in the country.
Project Highlights
- Project Size: 200 MW Grid-connected Solar PV Power Project
- Location: GSECL’s Renewable Energy Solar Park, Khavda (Stage-3), Gujarat
- Contract Value: ₹913 Crores
- Execution Deadline: March 2026
- Awarded By: Apollo Green Energy Limited
- Project Type: Domestic EPC for Solar Power Generation
This EPC contract includes the complete design, engineering, supply, construction, erection, testing, and commissioning of the 200 MW solar project. With the renewable energy market booming in India, this win significantly boosts HMPL’s portfolio and reaffirms its stronghold in the EPC segment.
Strategic Importance of the Khavda Solar Project
The Khavda Solar Park in Gujarat is one of the largest renewable energy initiatives in India, part of the nation’s broader goal of achieving 500 GW of non-fossil fuel-based capacity by 2030. The 200 MW project awarded to HMPL will contribute significantly to this mission, supporting both national and global climate goals.
Statement from Hazoor Multi Projects Limited
Radheshyam Laxmanrao Mopalwar, Managing Director of HMPL, confirmed the development in an official filing with the Bombay Stock Exchange (BSE). This award is in line with HMPL’s strategic vision to play a crucial role in India’s green energy transformation.
“We are proud to have been entrusted with this high-value solar EPC project. It reflects our technical capability and our commitment to India’s clean energy ambitions,” said Mr. Mopalwar.
What This Means for Investors and Stakeholders
This ₹913 crore contract is a strong positive signal for stakeholders, indicating HMPL’s growing capabilities and reputation in the clean energy EPC domain. It not only boosts the company’s order book but also enhances long-term shareholder value.
👉 Click here to view the official Letter of Award document (PDF)
Conclusion
With India rapidly advancing toward clean and sustainable energy, Hazoor Multi Projects Limited’s role in executing large-scale solar projects becomes increasingly critical. The Khavda solar contract sets the tone for future growth and reflects HMPL’s rising influence in India’s renewable energy landscape.
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