Prostarm Info Systems Secures ₹13.43 Cr Solar Plant Order from South Eastern Railway

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AuthorAbhay Singh|Published at:
Prostarm Info Systems Secures ₹13.43 Cr Solar Plant Order from South Eastern Railway
Overview

Prostarm Info Systems has secured a ₹13.43 crore solar power plant project from South Eastern Railway. The contract involves supply, installation, and erection over 12 months, plus a 5-year maintenance deal. This order strengthens Prostarm's presence in the solar EPC sector and bolsters its order book with a key government client.

Prostarm Info Systems Secures ₹13.43 Cr Solar Plant Project from South Eastern Railway

Prostarm Info Systems has secured a significant Letter of Acceptance (LOA) from South Eastern Railway for a solar power plant project valued at ₹13.43 crore. The contract encompasses supply, installation, and erection of the plant over 12 months, along with a 5-year comprehensive maintenance contract (CMC).

Reader Takeaway: Order boost from railway segment; revenue diversification continues amid growth prospects.

What just happened

Prostarm Info Systems announced on February 23, 2026, that it has received a Letter of Acceptance (LOA) from South Eastern Railway.

The contract is for the supply, installation, and erection of a solar power plant at the South Eastern Railway Jurisdiction (Phase 2).

The project has a total value of ₹13.43 crore and is slated for completion within 12 months.

Additionally, Prostarm will undertake a 5-year Comprehensive Maintenance Contract (CMC) for the plant. The company clarified that this order was secured in the normal course of business and is not a related party transaction.

Why this matters

This new order significantly bolsters Prostarm Info Systems' order book, providing greater revenue visibility.

It reinforces the company's expertise in the solar power plant sector and its capability to execute projects for major government entities.

The engagement with South Eastern Railway further solidifies Prostarm's presence in the critical infrastructure and renewable energy segments.

The backstory

Prostarm Info Systems, established in 2008, is a power solutions company that designs, manufactures, and sells energy storage and power conditioning equipment. It has also strategically expanded into rooftop solar EPC projects.

The company has a history of serving government and public sector entities, including being an empaneled vendor for Railtel Corporation of India Ltd.

Prostarm previously secured a solar project from South Eastern Railway in November 2025, indicating a growing relationship with the railway sector.

In January 2026, the company was also declared an L-1 bidder for a 2 MW rooftop solar project from SAIL worth ₹6.71 crore.

The broader solar EPC market in India is expected to see continued growth, driven by government initiatives and increasing demand for renewable energy.

What changes now

  • Prostarm's order book receives a substantial addition, improving future revenue projections.
  • The company's track record in executing projects for railway clients is further strengthened.
  • This project expands Prostarm's footprint in the solar EPC domain.
  • It underscores the company's growing capabilities in renewable energy infrastructure.
  • Potential for securing more government and railway-related contracts.

Risks to watch

No specific risks were mentioned in the filing text or found in the grounded search related to this particular order or company's immediate operations.

Peer comparison

Prostarm Info Systems operates in a segment with larger, established players like ABB India, Siemens Ltd, Bharat Heavy Electricals Ltd (BHEL), and CG Power and Industrial Solutions Ltd.

While these peers have significantly larger market capitalisations and revenues, Prostarm's niche focus on solar EPC and power conditioning equipment, coupled with its growing order book from government entities, positions it for specialised growth.

Prostarm's FY24 revenue stood at ₹259 crore, substantially smaller than the scale of its larger competitors.

Context metrics (time-bound)

  • As of Q3 FY26, Prostarm reported revenue of approximately ₹160-162 crore, showing a robust YoY growth of about 110%.
  • The company secured a ₹6.71 crore solar project from SAIL in January 2026.

What to track next

  • Successful and timely execution of the ₹13.43 crore South Eastern Railway solar project.
  • Performance in subsequent quarters, particularly regarding revenue growth and profitability.
  • Any further new order wins, especially from government and railway sectors.
  • Expansion of its solar EPC capabilities and product offerings.
  • Overall financial health and strategic initiatives post-IPO.
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