Upvoltage Secures ₹64.9 Crore EPC Contract from Onix Renewables, Bids ₹300 Crore for MPVUNL’s 100 MW Kusum C Project

In a major stride toward strengthening its position in India’s renewable energy sector, Upvoltage, a fast-growing EPC (Engineering, Procurement, and Construction) company, has successfully secured a 50 MW solar project worth ₹64.9 crore from Onix Renewables Ltd. The company has also placed a competitive bid for another 100 MW solar project valued at ₹300 crore under the prestigious MPVUNL (Madhya Pradesh Urja Vikas Nigam Limited) Kusum C program. These developments mark a significant expansion in Upvoltage’s renewable energy portfolio and reinforce its commitment to contributing to India’s clean energy mission.

The Onix Renewables Contract: A Major Milestone

The 50 MW EPC project awarded by Onix Renewables is a key addition to Upvoltage’s growing list of renewable energy projects. The ₹64.9 crore deal involves complete turnkey responsibilities — from design and engineering to procurement, construction, and commissioning of the solar power plant. The project is expected to be completed within 12 months and will play a crucial role in enhancing regional solar power capacity while providing clean and sustainable energy to thousands of households.

This collaboration with Onix Renewables also highlights Upvoltage’s technical capability and strong project execution track record. Onix Renewables, known for its expanding footprint in India’s renewable energy sector, chose Upvoltage for its demonstrated expertise in delivering large-scale solar projects with high efficiency and cost-effectiveness. The partnership is anticipated to set a new benchmark for project delivery in terms of both timelines and energy output.

Strategic Expansion in Solar Energy

The new EPC project further solidifies Upvoltage’s position as a leading player in the solar EPC segment. The company’s strategy focuses on scalable and high-performance solar infrastructure development, combining technical precision with financial discipline. The 50 MW project will not only boost Upvoltage’s revenue pipeline but also provide the company with deeper operational experience in high-capacity solar installations — an area expected to see exponential growth as India accelerates its renewable energy targets.

India aims to achieve 500 GW of renewable energy capacity by 2030, and companies like Upvoltage are aligning themselves with this national vision by investing in project execution excellence and innovative clean energy solutions. The 50 MW project aligns with these goals, potentially reducing carbon emissions by an estimated 70,000 tonnes per year.

Bidding for MPVUNL’s 100 MW Kusum C Project

In addition to the secured Onix project, Upvoltage has placed a bid for a 100 MW solar project worth approximately ₹300 crore under the MPVUNL’s Kusum C initiative. The Kusum (Kisan Urja Suraksha evam Utthaan Mahabhiyan) program, launched by the Government of India, aims to promote solar power among farmers by installing decentralized, grid-connected renewable power plants in rural areas.

The 100 MW bid under the Kusum C component is a strategic move for Upvoltage, as it seeks to establish a stronger presence in the government-backed renewable energy ecosystem. If awarded, the project will not only enhance Upvoltage’s installed capacity portfolio but also create significant socio-economic benefits — including rural employment, farmer income generation, and sustainable agricultural practices through solar irrigation systems.

The company’s bid showcases its technical and financial readiness to undertake large-scale solar development. The ₹300 crore valuation reflects both the scope of the project and the company’s confidence in delivering state-of-the-art solar solutions in partnership with public sector entities.

Leadership Vision and Market Outlook

Speaking on these developments, a senior executive from Upvoltage expressed optimism about the company’s growth trajectory. “Securing the 50 MW EPC project from Onix Renewables and participating in the 100 MW MPVUNL bid underscores our commitment to advancing India’s renewable energy transition. We believe in integrating innovation, efficiency, and sustainability across every stage of project execution,” the executive said.

Industry analysts note that Upvoltage’s recent achievements could strengthen its foothold in the competitive EPC market, especially as state and central government initiatives continue to drive solar capacity additions. With the Indian renewable energy sector projected to attract over $200 billion in investments by 2030, companies like Upvoltage are well-positioned to capture emerging opportunities.

Conclusion

Upvoltage’s ₹64.9 crore EPC contract win from Onix Renewables and its ₹300 crore bid for MPVUNL’s Kusum C project highlight the company’s growing influence in India’s renewable energy landscape. By focusing on innovation, project excellence, and sustainability, Upvoltage is positioning itself as a key contributor to India’s green energy goals. As the nation accelerates toward a cleaner and more resilient power infrastructure, Upvoltage’s expanding portfolio reaffirms its role as a catalyst in shaping the future of renewable energy development.