Megha Engineering and Infrastructures Ltd (MEIL) announced this week that it has signed power purchase agreements with Bangalore Electricity Supply Co. Ltd (BESCOM) to supply 618.1 MW of solar power.
BESCOM is an electricity distribution company in Karnataka.
The company will construct 76 solar power plants of varying capacities in RESCO mode (capital expenditures covered by the installer) to supply power under the PM-KUSUM C initiative.
Launched by the Ministry of New and Renewable Energy, the PM-KUSUM C scheme aims to solarise grid-connected agriculture pumps through individual pump-level solarisation and feeder-level solarisation, promoting clean energy and supporting the agricultural sector.
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