By PTI | New Delhi
Waa Solar on Thursday said that it inked pacts to supply 48.15 MW of electricity to Madhya Pradesh Power Management Company.
In an exchange filing, the company said it has executed multiple power purchase agreements with Madhya Pradesh Power Management Company Limited (MPPMCL), an undertaking of the Madhya Pradesh government.
The company shall generate electricity through the solar power project having a cumulative capacity of 48.15 MW and sell the energy to MPPMCL at the approved tariff ranging from Rs 2.73 to Rs 2.75 per unit for 25 years
Waa Solar Limited, a Company is a Part of Madhav Corp., a pan India conglomerate operating in the sector of Renewable Energy, Infrastructure and real estates. A Madhav Corp has a springboard of sound professional management and an enthusiastic workforce, to deliver challenging and rigorous assignments, in any part of the country, thereby carving an impressive track record with exceptional quality and speed.
The company operates solar projects in multiple states, including a 10.25 MW plant in Surendranagar (Gujarat), a 10.42 MW project in Koppal (Karnataka), and projects in Punjab. As a subsidiary of Madhav Power Pvt. Ltd., it leverages expertise in infrastructure and renewable energy.Beyond power generation, the company focuses on EPC contract services for solar power plants.
