Mumbai, Oct. 13 -- The loan agreement was dated 9 October 2026 and disclosed to the stock exchanges on 12 October 2026.
The project involves the development of a 969 MWac/1,163 MWp solar photovoltaic power project across 152 locations in Maharashtra under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY) scheme. The project has an estimated cost of Rs 4,201.70 crore. The remaining project cost is expected to be funded through promoter contributions and other sources, in line with the financing plan.
With the loan agreement in place, financing arrangements have been finalised for the Rs 3,517.98 crore engineering, procurement and construction (EPC) contract awarded by NOPL Solar Projects to Vikran Engineering.
The agreement covers lo...