Suratwwala Business Group Limited has announced that its subsidiary, Suratwwala Natural Energy Resource Private Limited, has been awarded a 15 MW AC solar EPC order from M/s. Bondada Engineering Limited. The project is to be executed on an EPC basis within a timeframe of 12 months. This significant contract falls under the MSKVY 2.0 scheme and will be located in the state of Maharashtra, India.

The contract involves the design, engineering, and supply (excluding PV modules) for the 15 MWAC crystalline ground-mounted solar PV technology project. It also includes the erection, testing, and commissioning of the plant, which brings the cumulative capacity for the project to 45 MWAC. The total commercial consideration for this specific 15 MW order is approximately Rs. 19 Crores, exclusive of GST.

Suratwwala Business Group Limited is a Pune-based real estate development firm primarily focused on residential and commercial projects in the Pune district. Beyond its core development and maintenance business, the company has strategically diversified into solar power generation. In recent updates from 2025, the company received environmental clearance for its ‘Californiaa West’ residential project, valued at Rs. 335 Crores. Furthermore, it has actively expanded its commercial footprint with a significant office space acquisition in Pune worth over Rs. 18 Crores.

For the quarter ended December 31, 2025, the company reported a consolidated revenue of Rs. 42.09 Crores, marking a substantial increase compared to the previous quarters. The net profit for the same period stood at Rs. 11.13 Crores. This growth trajectory reflects the company’s expanding project portfolio and operational efficiency in both real estate and energy sectors. The promoter holding remains strong at 73.39%, led by founders Jatin and Manoj Dhansukhlal Suratwala, while public investors include individuals like Rajesh Bipin Kamdar.