en.Wedoany.com Reported - Madhav Infra Projects Limited has signed nine Power Purchase Agreements (PPAs) with the Madhya Pradesh Power Management Company Limited (MPPMCL) for a total capacity of 73.15 MW, related to concessions obtained under the feeder-level solarization of the PM-KUSUM C scheme. The company stated in a declaration that it will generate electricity through solar projects and sell power to MPPMCL at a rate of Rs 2.71 to Rs 2.73 per unit.

The Center for Science, Technology and Policy Research and the International Institute for Sustainable Development recently released a study focusing on the implementation progress of Component A and Component C (feeder-level solarization) of the PM-KUSUM scheme. The program aims to promote solar energy applications in the agricultural sector. The study noted that while the scheme brings clear benefits, implementation has fallen short of expectations; adoption rates for the two components are at 7% and 34% of their respective targets, indicating significant room for improvement in penetration.

Madhav Infra Projects has previously won multiple projects, including the development of a 15 MW floating solar power plant at the Maroda Reservoir I in Bhilai, Chhattisgarh. In 2024, NTPC-SAIL Power Company Limited (NSPCL) issued a letter of intent to the company, which serves as the EPC contractor for the project.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com