About Orient Green Power Company Limited

Orient Green Power Company Limited (OGPL) is an Indian renewable energy-based power generation company, focused on developing, owning, and operating clean energy assets. Incorporated in 2006, the company has built a strong presence in wind energy and is now venturing into solar and hybrid models combining wind and solar. As of March 31, 2025, OGPL’s aggregate installed capacity stood at 402.3 MW.

The company has adopted a clear expansion strategy with a target of achieving 1 GW of installed capacity, primarily by adding solar and hybrid projects. Through its wholly owned subsidiary, Delta Renewable Energy Private Limited, it is setting up solar projects in two phases. Initially planned at 19.8 MW each, the first phase has been revised to 25 MW without increasing the overall project outlay.

OGPL has six direct subsidiaries and three step-down subsidiaries, including Beta Wind Farm Pvt. Ltd., Gamma Green Power Pvt. Ltd., Bharath Wind Farm Ltd., Orient Green Power Europe B.V., Amrit Environmental Technologies Pvt. Ltd., and Delta Renewable Energy Pvt. Ltd. Its overseas subsidiaries include VjetroElektrana CrnoBrdo d.o.o. (Croatia) and Orient Green Power Doo (Republic of Macedonia).

Over the years, OGPL has focused on improving operational efficiency, refinancing debt, and upgrading components of windmills to strengthen revenue growth and reduce costs.

Orient Green Power Company Limited Business Segments

The company, along with its subsidiaries, is engaged exclusively in the generation and sale of power from renewable energy sources. 

Orient Green Power Company Limited Key Management

• Mr. K S Sripathi – Independent Director, Chairman

• Mr. T Shivaraman – Managing Director & CEO

• Mr. P Krishna Kumar – Independent Director (w.e.f. May 01, 2025)

• Mr. R Ganapathi – Non-Independent Director

• Ms. Chandra Ramesh – Independent Director

• Ms. S M Swathi – Independent Director

• Ms. J Kotteswari – Chief Financial Officer

• Mr. R Kannan – Chief Operating Officer

• Ms. M. Kirithika – Company Secretary & Compliance Officer

Latest Updates on Orient Green Power Company Limited

• Debt refinancing and rating improvement: OGPL’s debt servicing and refinancing reduced interest expenses by ~25%, while improved ratings strengthened liquidity. A Debt Service Reserve Account of Rs. 69 crore was created.

• Rights Issues:
  • In September 2023, the company raised Rs. 230 crore through a rights issue, which was fully utilised by March 2025.

  • In September 2024, it completed another rights issue of Rs. 250 crore, of which Rs. 106.53 crore had been deployed by year-end.

• Expansion into solar: Phase I of the Delta Renewable solar project was revised upward to 25 MW, aligning with market trends.
• Financial performance: Consolidated revenues rose to Rs. 263 crore (FY25) compared to Rs. 259 crore in FY24. Profit before exceptional items grew 48% YoY to Rs. 33 crore.

• Subsidiary settlement: Amrit Environmental Technologies Pvt. Ltd. settled dues of Rs. 30 crore under a one-time settlement with IL&FS Financial Services.