Mumbai, June 15 -- The project, awarded under the PM Surya Ghar-Muft Bijli Yojana, involves the development of rooftop solar installations in the Chapra Circle of NBPDCL under the CAPEX-plus-RESCO model through the Utility-Led Aggregation (ULA) framework.

The project is scheduled to be commissioned within nine months from the signing of the power purchase agreement (PPA), while the contract period extends to 10 years from the commercial operation date. NBPDCL is a Government of Bihar undertaking. The order does not involve any related-party transaction.

Sugs Lloyd is a technology-driven engineering and construction company engaged in renewable energy, electrical transmission and distribution, and civil EPC projects. The company reported...