Mahagenco awards solar PV projects totaling 250 MW

Maharashtra State Power Generation Company Limited (Mahagenco) has awarded solar PV projects aggregating 250 MW under its agricultural feeder programme. The winners are Azure Power and the Shapoorji Pallonji Group, which have won bids to develop 200 MW and 50 MW respectively. Azure Power will enter into a 25-year PPA with Mahagenco, at a tariff of Rs 3.07 per kWh, for the project which is expected to be commissioned in 2019. The Shapoorji Pallonji Group will also enter into a 25-year PPA with Mahagenco at a tariff of Rs 3.26 per kWh.

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