The three developers signed PPAs with M.P. Power Management Co. Ltd (MPPMCL) for a total of 278 MW. They will execute the project on a build, own, and operate basis.
SJVN has secured 90 MW of the floating solar project (FSP) at INR 3.26 ($0.041)/kWh. NHDC landed 88 MW.
The projects are set for commissioning within 15 months from the signing of the PPA.
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