Deals29 Dec 2025, 12:36 pm
Waa Solar Ltd Secures Multiple LOAs from M.P. Urja Vikas Nigam Limited for Grid Connected Solar PV Power Plants
AI Summary
Waa Solar Ltd has announced that it has received multiple Letter of Awards (LOAs) from M.P. Urja Vikas Nigam Limited, a Govt. of MP Enterprise, for the implementation of Grid Connected Solar PV based Power Plants under the Surya Mitra Krishi Feeders Scheme with feeder solarization component of PM KUSUM-C Scheme for sale of power to MPPMCL. The contracts, which are domestic in nature, are worth approximately Rs. 225 CR and have a time period of 18 months from the date of PPA signing. The promoters/promoter group/group of companies do not have any interest in the entity that awarded the contract and the contract does not fall within the related-party transaction.
Key Highlights
- Waa Solar Ltd has secured multiple LOAs from M.P. Urja Vikas Nigam Limited for Grid Connected Solar PV based Power Plants.
- The contracts are worth approximately Rs. 225 CR.
- The time period for the contracts is 18 months from the date of PPA signing.
- The contracts are domestic in nature.
- The promoters/promoter group/group of companies do not have any interest in the entity that awarded the contract.