Mumbai, March 7 -- SGEL has secured these projects through competitive bidding by participation for 1,500 MW (500 MW in Round 1 and 1,000 MW in Round 2) tender floated by MSEB Agro Power (MSAPL) in Maharashtra for total capacity of 7,000 MW, under the Mukhya Mantri Saur Krushi Vahini Yojana.

The aforesaid scheme was launched for implementation of feeder level solarisation under component C of PM-KUSUM scheme.

The total investment for development of the 1,352 MW solar power projects will be about Rs 7,436 crore. These projects shall be eligible upto a maximum central financial assistance of 30% of the project cost.

The company stated that it is on rapid progression to achieve its shared vision of 25,000 MW by 2030 & 50,000 MW by 2040. T...