Mumbai, March 17 -- Under this contract, RMC will handle the design, supply, erection, and commissioning of rooftop solar projects on state government and government undertaking buildings in Jaipur and Dausa.

The project will be executed under the hybrid annuity mode (HAM), ensuring long-term financial stability.

Additionally, RMC will manage the operation and maintenance (O&M) of the solar installations for the next 25 years from the date of commissioning.

This order represents a one-time revenue opportunity of Rs 229 crore, with recurring revenue of Rs 91 crore over the next 25 years from O&M services, establishing a steady long-term income stream for RMC throughout the project's lifecycle.

Ankit Agrawal, CEO and whole-time director...