en.Wedoany.com Reported - WAA Solar Limited has won a 48.15 MW feeder-level solar project in the Indian state of Madhya Pradesh, under the government-backed PM-KUSUM scheme. The company has signed seven power purchase agreements with the Madhya Pradesh Power Management Company Limited to develop agricultural feeder solarization projects, aiming to reduce agriculture's reliance on the traditional power grid.

The projects were secured at tariffs ranging from 2.73 to 2.75 rupees per unit, and will supply clean electricity for 25 years, generating long-term revenue for WAA Solar while supporting local rural power infrastructure. This win marks a significant step for the company in the distributed solar segment, aligning with India's rural energy transition and agricultural electricity reform trends.

The feeder solarization component of the PM-KUSUM scheme aims to reduce agricultural operations' dependence on the power grid, help state utility companies lower subsidy burdens, and improve power supply reliability. Industry observers believe this move positions WAA Solar in line with India's policy direction of promoting localized solar power generation, meeting the growing rural electricity demand.

As Madhya Pradesh is a major solar market in India, these projects further consolidate its renewable energy expansion, underscoring the critical role of distributed solar infrastructure in India's energy transition.

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