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Madhav Infra Projects informs about execution of multiple power purchase agreements

23 Apr 2026 Evaluate
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, as amended from time to time, and in continuation of its intimation submitted dated December 29, 2025, and January 06, 2026, Madhav Infra Projects has informed that the Company has executed 09 Power Purchase Agreements (PPAs), with Madhya Pradesh Power Management Company (a Government of M.P. Undertaking) aggregating to a total capacity of 73.15 MW, for concessions awarded under Feeder level Solarization, PM-KUSUM C Yojana. The details as required under Regulation 30 of the Listing Regulations read with SEBI Master Circular bearing Ref. No. HO/ 49/ 14/ 14(7)2025-CFD-POD2/ I/ 3762/ 2026 dated January 30, 2026, are enclosed as Annexure I. The aforesaid information shall also be available on the website of the Company: https://madhavcorp.com/annoucement.html.

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
Larsen & Toubro 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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