Madhav Infra Secures 73.15 MW PPAs Under PM-KUSUM
ECONOMY & POLICY

Madhav Infra Secures 73.15 MW PPAs Under PM-KUSUM

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 megawatt (MW). The agreements were signed under component-C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme and cover feeder-level solarisation projects across Madhya Pradesh. The company will develop and operate the projects and supply power to the state utility.

Under the nine PPAs, Madhav Infra Projects will deliver a combined operational capacity of 73.15 MW and assume responsibility for project construction, operation and maintenance over the contract term. The projects form part of a wider national drive to decentralise generation and to provide stable income streams for stakeholders through contracted tariffs. The contracts specify the authorised framework for grid integration and local dispatch.

The supply arrangements set approved tariffs ranging from Rs two point seven one per kWh to Rs two point seven three per kWh for a PPA duration of 25 years, ensuring long term revenue visibility for the developer. The tariff band reflects competitively bid rates within the scheme guidelines and is intended to support viability for distributed solar assets feeding into rural feeders. The PPA structure locks in the commercial terms and allocates operational responsibilities between the parties.

The award of these agreements reinforces Madhav Infra Projects' position in the distributed solar segment and contributes to incremental renewable capacity in the state without requiring additional centralised infrastructure. Implementation of the projects is expected to advance feeder level energy security and to facilitate integration of solar generation at the distribution level. The company will now proceed to detailed project planning and execution in line with the contractual milestones set by the utility.

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 megawatt (MW). The agreements were signed under component-C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme and cover feeder-level solarisation projects across Madhya Pradesh. The company will develop and operate the projects and supply power to the state utility. Under the nine PPAs, Madhav Infra Projects will deliver a combined operational capacity of 73.15 MW and assume responsibility for project construction, operation and maintenance over the contract term. The projects form part of a wider national drive to decentralise generation and to provide stable income streams for stakeholders through contracted tariffs. The contracts specify the authorised framework for grid integration and local dispatch. The supply arrangements set approved tariffs ranging from Rs two point seven one per kWh to Rs two point seven three per kWh for a PPA duration of 25 years, ensuring long term revenue visibility for the developer. The tariff band reflects competitively bid rates within the scheme guidelines and is intended to support viability for distributed solar assets feeding into rural feeders. The PPA structure locks in the commercial terms and allocates operational responsibilities between the parties. The award of these agreements reinforces Madhav Infra Projects' position in the distributed solar segment and contributes to incremental renewable capacity in the state without requiring additional centralised infrastructure. Implementation of the projects is expected to advance feeder level energy security and to facilitate integration of solar generation at the distribution level. The company will now proceed to detailed project planning and execution in line with the contractual milestones set by the utility.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code