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Waa Solar secures LoAs worth Rs 225 crore from MPUVNL

29 Dec 2025 Evaluate

Waa Solar has received a multiple letter of Awards (LoAs) worth around Rs 225 crore from M.P. Urja Vikas Nigam (MPUVNL), (a Govt. of MP Enterprise). The LoAs are for implementation of Grid connected Solar PV based Power Plants (SPP) under Surya Mitra Krishi Feeders Scheme with feeder solarization component of PM KUSUM-C Scheme for sale of power to MPPMCL. The orders are to be executed within 18 months.

Waa Solar is mainly engaged in solar power generation by setting up Solar Power Project and by investing in Special Purpose Vehicle (SPV) associate and subsidiaries companies which are engaged in solar power generation activities.

Peers
Company Name CMP
NTPC 301.85
Tata Power 353.50
Adani Power 184.95
Power Grid Corpn. 247.60
Adani Energy Solut. 1293.00
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