Avaada Energy has been awarded with the letter of award (LoA) by MSEB Solar Agro Power Limited (MSAPL), a state-owned enterprise of the Government of Maharashtra to develop and operate 1,138 MW capacity through decentralised agricultural solar photovoaltic (PV) power projects across Maharashtra by 2025.
This initiative aligns with the ambitious Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY 2.0) aimed at transforming the agricultural energy supply with a 30 per cent feeder solarisation target by 2025. Avaada Energy has secured decentralised agricultural solar projects totalling around 1,140 MW to be set up at an investment of Rs 50 billion.