Gujarat-based EPC contractor Madhav Infra Projects has announced that it has received a Letter of Intent from Gujarat State Electricity Corporation Limited (GSECL) to set up a 20 MW grid-connected solar power project in the State for a contract value of INR 87.27 crore.
The project shall come up at Chhattar in the District Jamnagar.
Madhav Infra’s scope of work includes design, engineering, supply and procurement, construction, operation and maintenance of the solar plant.
The contract period is 15 months from the notice to proceed.
Established in 2010, Madhav Corp. operates in the fields of energy, real estate, highways and urban infrastructure. The company is engaged in the renewable energy business through its arm MI Solar.
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