Madhav Infra Makes a Splash: Secures ₹90.35 Crore Contract for 15 MW Floating Solar Project

Madhav Infra Projects has clinched a noteworthy contract to establish a 15 MW floating solar PV project in Chhattisgarh. The company has successfully secured the letter of award to execute the solar PV project at the Maroda Reservoir-I, under the purview of NTPC-SAIL Power Company (NSPCL) located in Bhilai.

As part of the agreement, Madhav Infra Projects will assume responsibility for the entire spectrum of operations, encompassing engineering, procurement, construction, installation, commissioning, as well as operation and maintenance of the project. The contract, valued at Rs 90.35 crore, is slated for completion within a stringent timeline of 12 months from the date of the award.

Furthermore, Madhav Infra Projects will oversee the intricacies of the power evacuation system, in addition to managing an annual maintenance contract for key equipment. Additionally, the company will extend its services for a three-year post-commissioning operation and maintenance (O&M) term, ensuring the sustained efficiency and performance of the project.

News by Rahul Yelligetti