Madhav Infra Projects Ltd has secured nine power purchase agreements (PPAs) with Madhya Pradesh Power Management Co. Ltd (MPPMCL) for a cumulative solar capacity of 73.15 MW.
The company has secured this capacity for feeder-level solarization under component-C of the PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan) scheme.
Under the agreements, Madhav Infra Projects will develop and operate solar power projects with a total capacity of 73.15 MW and supply electricity to MPPMCL at approved tariffs ranging from INR 2.71/kWh to INR 2.73/kWh for the PPA duration of 25 years.
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