Roofsol Energy Signs PPAs for 2.95 MW Rooftop Solar Projects Across Four States
Roofsol Energy has signed three PPAs with Saibaba Polymer, Virgo Group and EMotorad Electric Cycles to develop 2.95 MW of rooftop solar projects under the OPEX model across Andhra Pradesh, Haryana, Maharashtra and Punjab.
February 26, 2026. By Mrinmoy Dey
The first PPA was signed with Saibaba Polymer, part of the Saibaba Polymer Technologies, for a 1.5 MWp rooftop solar project under the OPEX model across multiple locations in Haryana, Punjab and Maharashtra. “The project is expected to generate approximately 2.2 million units of green power annually, helping offset nearly 1,700 tonnes of CO₂ emissions each year, supporting Saibaba Polymer’s sustainability goals,” Roofsol stated.
The second PPA was signed with Virgo Group for a 1 MWp rooftop solar project under the OPEX model at their manufacturing facility in Gollapuram, Andhra Pradesh. “The project is expected to generate approximately 1.5 million units of green power annually, helping offset nearly 1,200 tonnes of CO₂ emissions each year,” it said.
The third PPA was signed with EMotorad Electric Cycles for a 450 kWp rooftop solar project under the OPEX model at its manufacturing facility in Pune, Maharashtra. “The project is expected to generate approximately 0.7 million units of green power annually, helping offset nearly 550 tonnes of CO₂ emissions each year,” it said.
Roofsol Energy is an EPC and Independent Power Producing company investing in RESCO and Group captive projects all over India. Earlier this month, the company signed an EPC contract with Metro Decorative in Kashipur, Uttarakhand, to set up a 3.2 MWp rooftop solar project.
Last month, it announced the signing of a PPA with integrated metals and mining company Lloyds Metals and Energy Ltd. (LMEL), for the supply of 5.5 MWp of clean solar power under the OPEX model.
In January 2026, the company signed a PPA with Ganesh Consumer Products to develop a 2.55 MWp OPEX solar project across Howrah and Islampur in West Bengal, Agra in Uttar Pradesh, and Hyderabad in Telangana.
It also signed a 25-year PPA with Nagarjuna Cement for 10.2 MWp rooftop solar projects across the latter’s integrated cement manufacturing and grinding plants in Andhra Pradesh and Telangana.
Roofsol also announced its partnership with automotive component manufacturer Motherson Group to develop and deploy 12.8 MWp of rooftop and behind-the-meter solar projects across the latter’s manufacturing facilities in Tamil Nadu, Maharashtra, Karnataka, Uttar Pradesh, Andhra Pradesh, Haryana, and Puducherry under a mix of OPEX (RESCO) and CAPEX models.
In May 2025, the company raised INR 210 crore from Aseem Infrastructure Finance to develop 92.66 MWp of IPP and group captive solar assets across India.
please contact: contact@energetica-india.net.
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