Latest news with #MSKVY
Time of India
16-05-2025
- Business
- Time of India
Waaree Renewable secures ₹114.22 crore order for 94 MW solar projects in Maharashtra
New Delhi: Waaree Renewable Technologies Limited (WRTL) has secured a Letter of Award (LOA) valued at ₹114.22 crore for engineering, procurement and construction (EPC) of 94 MW AC solar photovoltaic (PV) plants across multiple locations in Maharashtra under the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0, the company said. The contract was awarded by a renewable energy generation company following a competitive bidding process. The project will be executed as part of the MSKVY 2.0 initiative launched by the Government of Maharashtra to provide daytime electricity to farmers through decentralized solar power generation. India's total installed solar capacity has crossed 97 GW as of 2024, with a target to reach 280 GW by 2030, driven by central and state-level policies and increasing private sector participation. Sunil Rathi, Executive Director, Waaree Renewable Technologies Limited, said, 'This Letter of Award is more than just a project win—it's a reaffirmation of the trust our partners place in us. At WRTL, we don't just build solar plants—we deliver certainty, speed, and scale. Whether it's a multi-megawatt utility project or a smaller distributed installation, we approach every assignment with the same precision, passion, and professionalism. Our ability to execute projects of any size with consistency and excellence is what sets us apart—and keeps our clients coming back. Through this project, we are proud to contribute meaningfully to the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0 by enabling clean, daytime electricity for farmers and supporting rural energy independence. This is how we power progress—one megawatt at a time.' WRTL said the company continues to receive repeat orders from customers across sectors and maintains a strong position in the solar EPC segment, with capabilities spanning design, procurement, construction and commissioning of solar infrastructure. The MSKVY 2.0 scheme aims to enhance rural energy access and reduce dependence on conventional energy sources through decentralised renewable power installations.
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Business Standard
23-04-2025
- Business
- Business Standard
Vikram Solar bags 150 MW solar module supply deal from Maharashtra Power Co
Vikram Solar on Wednesday said it has secured a 150 MW solar module supply order from Maharashtra State Power Generation Co Ltd. The leading solar PV module manufacturer in a statement said it has bagged an order for a major renewable power project of 150 MW from Maharashtra State Power Generation Co Ltd (MAHAGENCO), a government of Maharashtra undertaking. The company will provide 150 MW of advanced N-Type Modules. The modules will be supplied in the districts of Jalgaon and Solapur in the state of Maharashtra to MAHAGENCO under Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) project 2.0. The order reinforces the Kolkata-headquartered company's standing as one of the premier names in India's Approved List of Models and Manufacturers (ALMM) list, the statement said. "We are proud to have secured this order, which marks another step forward in our mission to power a greener India through high-efficiency solar solutions. The trust placed in Vikram Solar is a reflection of our commitment to quality, innovation, and sustainability," said Gyanesh Chaudhary, Chairman & Managing Director, Vikram Solar. Chaudhary further noted that "as we continue to expand our presence in key markets, such as Maharashtra, our focus remains on delivering value and excellence to our partners and communities. We view Maharashtra as a high-potential market with a rapidly growing appetite for renewable energy, and we remain optimistic about the region's accelerating demand trajectory." The implementation of this project is anticipated to boost the region's renewable energy capacity, support the reduction of carbon emissions, and advance environmental sustainability, the company added. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
