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Marsons Receives LoI for Solar PV Power Plant in Rajasthan

Marsons has received a letter of intent (LoI) from Nacof Oorja to develop a 150 MW grid-interactive ground-mounted solar PV power generation plant in Rajasthan.

 

This project comprises multiple units across different locations in the state, and is being executed for RRECL under the KUSUM Scheme, aimed at providing daytime power to agricultural consumers. The company will execute it in technical collaboration with Aditya Clean Systems, where the third party will provide technical support.

 

The total order value of the project is estimated at approx. Rs 675 crore and the execution timeline is set for twelve to eighteen months. This marks a milestone for the company as it makes entry into the renewable energy sector.

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