Avaada Energy, the renewable energy arm of Avaada Group, has secured the ‘Letter of Award’ (LoA) to develop and operate 1,138 MW of decentralised agricultural solar PV power projects across Maharashtra by 2025.
The projects were awarded by MSEB Solar Agro Power Ltd (MSAPL), a state-owned enterprise of the government of Maharashtra. These will involve a greenfield investment of INR 50 billion and will span 192 locations in 10 districts.
Avaada Energy will develop the projects under Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY 2.0), also known as ‘Mission 2025’, which aims at transforming the agricultural energy supply with a 30% feeder solarisation target by 2025.
Maharashtra is home to around 29 million consumers, of which 4.5 million are agriculture consumers accounting for 22% of the electricity consumption. The introduction of decentralized agriculture Solar PV projects will ensure farmers receive uninterrupted power during the day, thereby alleviating the inconvenience caused by the previous rotational day and night supply.
The MSKVY 2.0 scheme, under the broader umbrella of the PM-KUSUM Yojana, is a pan-India scheme by Government of India to meet the daytime electricity requirements of farmers for irrigation. By moving the agricultural load to solar power during the day, the initiative aims to streamline the load curve and minimize carbon emissions. Additionally, the solarisation of agriculture feeders is expected to bolster the state’s power distribution infrastructure, enhancing the grid’s performance and aiding in the reduction of AT&C losses for Maharashtra State Electricity Distribution Co. Ltd.
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