Received two Letter of Awards - Ravindra Energy Ltd

Code : 504341 NSE:

Ravindra Energy Limited has received two Letter of Awards from ‘Maharashtra State Electricity Distribution Company Limited’ to develop and operate an aggregate capacity of 120 MW(AC) of decentralized feeder level photovoltaic (PV) solar projects in Maharashtra state. The key highlights are as below: 1. 120 MW (AC) projects are spread across 23 (Twenty Three) sub-stations of MSEDCL. 2. MSEDCL will enter into a 25 (Twenty-Five) years Power Purchase Agreement (PPA) with REL.