Madhav Infra Projects plans to sell 34 MW of its solar power assets

Madhav Infra Projects is planning to sell 34 MW of its solar power assets. The company values its solar business at about $45 million. Madhav Infra Projects was among the early entrants in the solar sector and its projects were commissioned between January 2012 and June 2013. The tariffs prevailing at that time were in the range of Rs 9-Rs 12 per kWh.