OMC Power eyes 1 GW distributed renewable energy portfolio

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OMC Power aims to scale its distributed renewable energy portfolio to 1 GWp within the next five years. The company is backed by strategic investments from Japanese majors Mitsui & Co. and Chubu Electric Power.

OMC currently has a 100 MWp portfolio, having operationalized 50 MW of solar capacity with an additional 60 MW set for commissioning this fiscal year. The company recently turned PAT (Profit After Tax) positive, reporting 40–50% year-on-year growth in FY 2025–26.

“India is writing the next chapter of its clean energy revolution, and OMC Power is proud to contribute to it [by building a 1 GW distributed solar portfolio in North and Central India],” said Rohit Chandra, managing director & CEO of OMC Power. “This will include 600 MW from solar rooftops, floating solar, and PM-KUSUM projects, 200 MW from greening telecom infrastructure, and 100 MW through rural minigrids. Our EPC services will contribute the rest.”

OMC is deploying one of the world’s largest sustainable healthcare solarisation initiatives across Uttar Pradesh, solarising more than 200 hospitals and medical colleges under the RESCO model. The project guarantees uninterrupted power for critical healthcare services, generates local employment, and is expected to eliminate over 125,000 metric tons of CO₂ emissions annually.

By powering telecom towers in underserved regions, OMC facilitates mobile connectivity and digital access for millions. The company’s smart mini-grids are operational in 400+ villages, transforming over 100,000 lives by energising agriculture, education, and small-scale enterprises.

In the near term, the company plans to triple its clean energy footprint by FY 2026–27 and is actively exploring replicable models across Southeast Asia and Sub-Saharan Africa.

 

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