Marsons Limited has received a letter of intent (LoI) from NACOF OORJA to develop a 150 MW (alternate current) grid-interactive ground-mounted solar photovoltaic (PV) power generation plant in Rajasthan.
The project is being executed for Rajasthan Renewable Energy Corporation Limited under the KUSUM Scheme, aimed at providing daytime power to agricultural consumers. The project will be carried out in technical collaboration with Aditya Clean Systems Private Limited with estimated order value of approximately Rs 6.75 billion and a project price of Rs 45 million per MW (AC). The project is expected to be completed within 12 to 18 months.