Joint Venture10 Nov 2025, 06:33 pm
RDB Infrastructure And Power Ltd Enters MoU with NRG Renewable Resources for 51 MW Solar Power Projects
AI Summary
RDB Infrastructure And Power Ltd has entered into a Memorandum of Understanding (MoU) with NRG Renewable Resources Private Limited for the execution of Solar Power Projects of 51 MW (AC)/ 65 MW (DC) to be developed across 6 sites near Nagpur, Maharashtra. The EPC Contract price for the project is Rs. 277 Crores (Rupees Two Hundred Seventy-Seven Crores).
Key Highlights
- RDB Infrastructure And Power Ltd has signed an MoU with NRG Renewable Resources Private Limited for Solar Power Projects.
- The projects will be developed across 6 sites near Nagpur, Maharashtra with a capacity of 51 MW (AC)/ 65 MW (DC).
- The EPC Contract price for the project is Rs. 277 Crores (Rupees Two Hundred Seventy-Seven Crores).
- The execution of work order will start within 7 days from the date of receipt of advance payment.
- This is a domestic project and is not a related party transaction.