RMC Switchgears announced its latest achievement, securing a major contract from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to develop a 41 MW (AC) solar photovoltaic power project. The project will be executed under the RESCO model as part of the Mukhyamantri Saur Krushi Vahini Yojana 2.0, a scheme designed to solarise agricultural feeders in the state. This initiative also aligns with the national PM-KUSUM Scheme aimed at promoting solar energy in the agricultural sector.
The contract, awarded through a competitive bidding process and an e-reverse auction, signifies a major milestone for RMC Switchgears in its ongoing efforts to strengthen its presence in the renewable energy sector. The power generated from the project will be purchased by MSEDCL at a fixed tariff, approved by the Maharashtra Electricity Regulatory Commission (MERC), for 25 years from the project’s commercial operation date. The project will be implemented across multiple locations within Maharashtra, as determined by MSEDCL.
Ankit Agrawal, CEO and Whole-Time Director of RMC Switchgears, highlighted the importance of this project: “This order marks an important milestone for our company, as we strive to expand our footprint in the renewable energy landscape. The development of a 41 MW (AC) solar photovoltaic power project is a testament to our commitment to participating in the strategic substitution of fossil fuels within India’s energy sector.”
The Mukhyamantri Saur Krushi Vahini Yojana 2.0 project reinforces RMC Switchgears’ role in advancing renewable energy and contributes significantly to India’s climate action commitments under the Paris Agreement. The company is actively participating in India’s drive toward reducing carbon emissions and increasing the share of renewable energy in the country’s energy mix.
RMC Switchgears is positioning itself at the forefront of the green energy revolution, expanding its solar footprint with additional tenders exceeding 500 MWp. The company is actively pursuing opportunities in both the public and private sectors to meet its goal of securing 1 GWp of renewable energy. Collaborating with installation and commissioning experts across multiple states and utilising its in-house team of designers and supervisors, RMC is accelerating its efforts to lead in the renewable sector.
RMC’s business development unit continues to seek new opportunities to align with India’s ambitious environmental targets, with the nation’s goal to achieve 450 GW of renewable energy capacity by 2030. This latest project is another step in RMC’s journey toward innovation and sustainability, creating green jobs and fostering economic growth.
By expanding into solar energy projects, RMC Switchgears contributes not only to India’s renewable energy capacity but also strengthens the country’s position as a global leader in renewable energy technologies. The company’s strategic focus on renewable projects, like the 41 MW (AC) solar photovoltaic initiative, helps reduce reliance on fossil fuels, thereby contributing to a cleaner, more sustainable energy future for India.
