This green energy company got an order of ₹ 139 crore from MSEDCL, know how much profit will be received in the share.

Ganesh Green Bharat Limited Secures ₹139 Crore Order from MSEDCL

Ganesh Green Bharat Limited has been awarded a significant contract worth ₹139 crore for a 9 MW (AC) solar power generation project under the Mukhyamantri Solar Krishi Vahini Yojana 2.0. This initiative, provided by the Maharashtra State Electricity Distribution Company Limited (MSEDCL), aims to enhance solar energy adoption among farmers and is part of the Pradhan Mantri Kisan Urja Suraksha and Utthan Yojana (PM-KUSUM).

Details of the Order

The project was secured through a competitive bidding process, showcasing the company’s robust technical and financial capabilities. A Power Purchase Agreement (PPA) is set to be finalized within 15 days after the Letter of Award, pending the submission of a Performance Bank Guarantee. Over its 25-year lifespan, the project is projected to generate approximately 451.68 million units of electricity, ensuring a fixed tariff of ₹3.08 per unit.

About Ganesh Green Bharat Limited

Founded in 2016, Ganesh Green Bharat Limited has transformed from an electrical contracting business into a comprehensive provider of sustainable energy and water solutions. The company is recognized for its commitment to renewable energy and has successfully implemented numerous solar projects across India. Currently, it holds a market capitalization of ₹970 crore, making it a compelling option for investors in the renewable energy sector.