Ravindra Energy (REL) has received a Letter of Award (LoA) from Maharashtra State Electricity Distribution Company (MSEDCL), to develop and operate 100 MW(AC) of decentralized feeder level PV solar projects. This LoA has been issued under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY) of the Government of Maharashtra.
100 MW projects are spread across 19 substation of MSEDCL. MSEDCL will enter into a 25 year Power Purchase Agreement (PPA) with REL. The projects will be eligible for central financial assistance of Rs 1.05 crore per MW under the KUSUM C Scheme of the Central Government.
Ravindra Energy engages in the trading of coal primarily in India.
