Business Update23 Apr 2026, 11:56 am
Waa Solar Executes 7 PPAs for 48.15 MW with MPPMCL
AI Summary
Waa Solar Ltd. has executed seven Power Purchase Agreements (PPAs) with Madhya Pradesh Power Management Company Limited (MPPMCL) for a total capacity of 48.15 MW. These PPAs are for concessions awarded under the Feeder level Solarization, PM-KUSUM C Yojana. The project tenure is 25 years from the Scheduled Commissioning Date (SCD), and the tariff ranges from ₹2.73 to ₹2.75 per unit.
Key Highlights
- Waa Solar secures 7 PPAs with MPPMCL for 48.15 MW capacity.
- The PPAs are part of the Feeder level Solarization, PM-KUSUM C Yojana.
- Project tenure is 25 years with tariffs between ₹2.73 and ₹2.75 per unit.
- The contracts are domestic and do not involve related-party transactions.