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Dharan Infra-EPC Seals Rs. 215 Crore Framework Agreement with Skymax Solar to Power India’s Renewable Growth

By Vinod Pathak , 3 November 2025
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In a significant development for India’s renewable infrastructure sector, Dharan Infra-EPC Pvt. Ltd. has entered into a framework agreement worth Rs. 215 crore with Skymax Solar Group. The collaboration aims to deliver engineering, procurement, and construction (EPC) services for multiple solar projects across India. The partnership underscores Dharan Infra-EPC’s growing influence in the clean energy space and Skymax’s commitment to accelerating solar capacity expansion. The agreement is expected to enhance Dharan’s project portfolio, strengthen its financial outlook, and contribute meaningfully to India’s broader sustainability goals, aligning with the government’s ambition to achieve net-zero emissions by 2070.

Strategic Partnership to Accelerate Solar Deployment

The Rs. 215 crore agreement between Dharan Infra-EPC and Skymax Solar marks a major step forward in India’s clean energy momentum. Under the terms of the framework, Dharan Infra-EPC will be responsible for comprehensive EPC execution — including design, procurement, installation, and commissioning of solar infrastructure for Skymax’s upcoming projects.

The projects will be implemented across several states with high solar irradiance potential, ensuring efficient power generation and optimized project timelines. Both companies have expressed confidence that the partnership will enhance the scalability of solar assets while maintaining strict compliance with environmental and quality standards.

Expanding Presence in India’s Renewable Energy Landscape

The collaboration positions Dharan Infra-EPC as a key player in the renewable infrastructure ecosystem. The company, which has historically executed projects in transmission and conventional power systems, is now strategically diversifying into solar EPC to capture emerging opportunities in the green energy domain.

For Skymax Solar, this partnership enables accelerated project execution backed by Dharan’s proven engineering capabilities and project management expertise. Together, the firms aim to contribute to India’s renewable energy expansion, which targets 500 GW of non-fossil fuel-based capacity by 2030.

Economic and Environmental Impact

Industry analysts view the Rs. 215 crore agreement as both a financial and strategic win for Dharan Infra-EPC. The deal not only strengthens its order book but also enhances earnings visibility in a sector experiencing double-digit annual growth. The renewable EPC market in India is projected to surpass Rs. 50,000 crore by 2027, driven by policy incentives, corporate sustainability goals, and increased private sector participation.

Moreover, the partnership reinforces the role of EPC companies in bridging the infrastructure gap between policy intent and execution. By focusing on large-scale solar installations, Dharan Infra-EPC and Skymax Solar are helping India transition toward a low-carbon economy while ensuring energy affordability and reliability.

Future Outlook

With this agreement, Dharan Infra-EPC is expected to deepen its footprint in India’s solar infrastructure segment, expanding its capabilities across design innovation, grid integration, and operational efficiency. The company’s strategic direction reflects a broader trend among infrastructure firms adapting to the global energy transition by integrating sustainability into core business models.

The deal with Skymax Solar is more than a commercial transaction—it symbolizes a long-term alignment of industrial capacity, technological expertise, and environmental stewardship. As India continues its march toward energy independence and carbon neutrality, partnerships like this will play a defining role in shaping the nation’s renewable future.

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Dharan Infra-EPC
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