StockWatch
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Civil Construction
MoU6 Nov 2026, 07:30 pm

Annu Projects Signs MoU for 8,000 Rooftop Solar Systems

AI Summary

Annu Projects Limited has signed a Memorandum of Understanding (MoU) with GEIE Solar Products India Private Limited for the procurement and supply of materials for 8,000 rooftop solar systems. These systems, each with a 1.1 kWp capacity, will be installed in Dausa, Rajasthan, under the PM-Surya Ghar scheme. Annu Projects will handle material procurement, while GEIE Solar Products India will manage installation and commissioning. The project, part of a tender awarded to GEIE Solar by Jaipur Vidyut Vitran Nigam Limited (JVVNL), is expected to be completed within six months. This MoU signifies Annu Projects' expansion into the renewable energy sector, leveraging its existing infrastructure and procurement expertise.

Key Highlights

  • MoU signed for 8,000 rooftop solar systems in Dausa, Rajasthan.
  • Annu Projects to procure materials; GEIE Solar to handle installation.
  • Project falls under the PM-Surya Ghar: Muft Bijli Yojana.
  • Marks Annu Projects' expansion into the renewable energy segment.
  • Project completion targeted within six months.