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Surana Telecom and Power secures LoA for development of solar power project

17 Jan 2025 Evaluate

Surana Telecom and Power has been awarded a Letter of Award (LoA) of Solar Power developer (SPD) for solar photovoltaic power generating stations of an aggregate capacity of 54 MW (AC) under Mukhyamanatri Saur Krushi Vahini Yojna 2.0, a scheme launched for implementation of feeder level Solarisation under Component C of PM-KUSUM Scheme from Maharashtra State Electricity Distribution Co. (MSEDCL) (A Govt. of Maharashtra Undertaking). 

MSEDCL shall procure power from a project under Mukhya Mantri Saur Krushi Vahini Yojana 2.0 launched for implementation of feeder level solarization under Component C of PM KUSUM Scheme. The project shall be commissioned within 18 months from Letter of Award. The contract period shall be 25 years from the commissioning of the Project. This project will be located in the state of Maharashtra. The estimated project cost is Rs 190 crore. 

The Company is mainly into the business of generation of renewable energy viz., Solar and Wind.


Peers
Company Name CMP
NTPC 321.00
Tata Power 362.00
Adani Power 196.30
Power Grid Corpn. 262.20
Adani Energy Solut. 1286.65
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