INA Solar Secures LoA for 99 MW Solar Projects in Maharashtra from MSEDCL
Insolation Energy’s subsidiary Insolation Green Energy has secured an LOA from MSEDCL to develop nine decentralised solar projects totalling 99 MW AC/128.7 MW DC in Maharashtra, under Mukhyamantri Saur Krushi Vahini Yojana 2.0, with an estimated investment of INR 425 crore.
August 24, 2026. By Mrinmoy Dey
Awarded under a competitive tariff-based bidding process as part of the Mukhyamantri Saur Krushi Vahini Yojana 2.0, the projects feature a combined power generation capacity of 99 MW AC (128.7 MW DC), the company stated in a regulatory filing.
The development phase will entail an estimated total investment of approximately INR 425 crore to build out the 128.7 MW DC infrastructure. The projects are projected to generate approximately 20.59 crore units (kWh) of electricity annually. Based on a finalised levelised tariff of INR 2.90/kWh across all nine sites, it will generate an estimated INR 59.72 crore in annual revenue, locking in a steady, sustainable cash flow under a 25-year Power Purchase Agreement (PPA) with MSEDCL.
Operational execution will commence following formal agreement terms, with the entire 99 MW capacity scheduled for full commissioning within 18 months from the date of PPA execution.
please contact: contact@energetica-india.net.
Naseem Sheikh
Chairman and Managing Director
Shera Energy’s Naseem Sheikh Says Energy Transition to Boost Demand for Copper, Aluminium
Nikhil Agrawal
Director
Alishan Green Energy's Nikhil Agrawal Explains the Roadmap to 10 GW Encapsulant Capacity
Amitansu Satpathy
Founder and Group MD
India Should Consider an ALMM-style Approved List for BESS components: BPE Founder & Group MD
Dr. Faruk G. Patel
Chairman and MD
KP Group Eyes 10 GW by 2030 as Hybrid Power, BESS and Green Hydrogen Gain Momentum
Ravi Chawla
MD & CEO
EV Growth Won’t Displace ICE Vehicles Anytime Soon: Ravi Chawla