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3 hours ago

Madhav Infra Secures 73 MW Solar PPAs from MPPMCL under PM-KUSUM Scheme

Madhav Infra Projects Limited signed nine PPAs with Madhya Pradesh Power Management Company Limited for 73.15 MW Solar  capacity under the PM-KUSUM Scheme. The agreements, valid for 25 years, ensure stable revenue with tariffs of ₹2.71–2.73/unit. These long-term contracts enhance revenue visibility, reduce market risks, and strengthen the company’s renewable portfolio, supporting its strategy of combining project execution with long-term asset ownership.

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