Waa Solar executes PPAs with MPPMCL
Project tenure is 25 years from the Scheduled Commissioning Date
Waa Solar has executed Seven Power Purchase Agreements (PPAs) with Madhya Pradesh Power Management Company (MPPMCL) (a Government of M.P. Undertaking) aggregating to a total capacity of 48.15 MW, for concessions awarded under Feeder level Solarization, PM-KUSUM C Yojana. Project tenure is 25 years from the Scheduled Commissioning Date (SCD).
The company shall Generate the electricity through the Solar Power Project having cumulative capacity of 48.15 MW will sell the energy to MPPMCL at the approved tariff ranging from Rs 2.73 to Rs 2.75 per unit, for the project tenure.
Waa Solar is mainly engaged in solar power generation by setting up Solar Power Project and by investing in Special Purpose Vehicle (SPV) associate and subsidiaries companies which are engaged in solar power generation activities.
