Two companies receive LoAs for 250 MW solar PV projects under the AG feeder program in Maharashtra

Azure Power India Private Limited and Shapoorji Pallonji have received LoAs from Maharashtra State Power Generation Company Limited (MSPGCL) for 250 MW of solar PV power projects under the agricultural feeder programme in Maharashtra. Azure Power has won the bids to develop four 50 MW projects by quoting a tariff of Rs 3.07 kWh. The projects are likely to be developed outside a solar park and expected to be commissioned in 2019. Meanwhile, Shapoorji Pallonji has won the bids to develop the remaining 50 MW by quoting a tariff of Rs 3.26 per kWh. MSPGCL is providing free land to the developers for these projects and the PPAs are likely to be signed by end June 2018.

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