Order worth Rs 799 crore bagged by PVV Infra
Rooftop and ground-based solar power services provider, PVV Infra, has bagged two order worth Rs 799 crore. One of the order is from Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for a 100 MW solar power project at various locations in the districts of Baghpat and Moradabad.
Firm's subsidiary, PVV EVTech, has also signed a 25-year power purchase agreement (PPA) in this regard. As pr updates, the project will be undertaken in a Joint Venture with Nacof Oorja, with a project cost of Rs 384 crore approximately and an annual revenue of Rs 53 crore approximately.
Further, the firm received an EPC contract worth Rs 415 crore for a 109 MW solar power project in the districts of Baghpat and Moradabad, in collaboration with Nacof Oorja.
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