PVV Infra Limited has won two solar power projects worth Rs 7.99 billion in Uttar Pradesh. PVV EVTech, a subsidiary of PVV Infra, has inked a 25-year power purchase agreement with the Uttar Pradesh New and Renewable Energy Development Agency for a 100 MW solar project across Baghpat and Moradabad districts. The solar project, undertaken in collaboration with Nacof Oorja, is estimated to cost around Rs 3.84 billion and is projected to generate an annual revenue of approximately Rs 0.53 billion.
Furthermore, PVV Housing, another subsidiary of the company, has secured an engineering, procurement, and construction contract in partnership with Nacof Oorja for a 109 MW solar project in the Baghpat and Moradabad districts. The project is valued at approximately Rs 4.15 billion.
PVV Infra Limited is a player in the infrastructure sector. It specialises in the construction of multi-storied commercial and residential buildings, roadways, bridges, airfields, and other large-scale projects that define excellence and innovation. The company has strategically diversified into renewable energy through its subsidiary companies. Their expertise extends to delivering comprehensive green energy solutions, including solar and wind energy projects.
