Ravindra Energy has secured two Letter of Awards (LOA) from Maharashtra State Electricity Distribution Company (MSEDCL) to develop and operate an aggregate capacity of 120 MW(AC) of decentralized feeder level photovoltaic (PV) solar projects in Maharashtra state. The 120 MW (AC) projects are spread across 23 sub-stations of MSEDCL. In this regard, the company and MSEDCL will enter into a 25 years Power Purchase Agreement.
Ravindra Energy seeks to create a leading position in the provision of solar energy utilising the unique characteristics of solar PV generation.