Sahaj Solar Limited, a leading player in the solar energy sector, has recently announced an exciting development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has received a Letter of Empanelment (LoE) from Maharastra State Electricity Distribution Co. Ltd. (MSEDCL), marking a significant milestone for Sahaj Solar. This agreement involves the design, manufacture, supply, transportation, installation, testing, and commissioning of Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) for agricultural use across Maharashtra.

Details of the Contract:

• Value of the Contract: The total contract value is approximately ₹60.34 Crores (inclusive of GST).
• Scope of Work: The contract covers the supply of 2000 Off-Grid Solar Photovoltaic Water Pumping Systems (SPWPS) with capacities of 3 HP, 5 HP, and 7.5 HP for farms across Maharashtra. The agreement also includes the installation, commissioning, and a 5-year warranty for repair and maintenance.
• Timeframe: The contract stipulates that the work must be completed within 12 months from the date of issue of the LoE.
• Scheme: The work is part of the Magel Tyala Saur Krushi Pump scheme, an initiative to promote solar-powered irrigation solutions in the state of Maharashtra.

Key Highlights:

1. MSEDCL Contract: Maharastra State Electricity Distribution Co. Ltd. has awarded Sahaj Solar the contract under its Magel Tyala Saur Krushi Pump Scheme, which aims to provide solar-powered water pumps to farmers in Maharashtra.
2. Capacity: The solar pumps will be installed at identified farmer’s sites, providing reliable and sustainable irrigation solutions.
3. System Warranty & Maintenance: A 5-year warranty ensures the quality and longevity of the solar systems, while the company will handle their maintenance and repair.

This contract reflects Sahaj Solar's growing influence in the solar energy sector and highlights its commitment to sustainable agricultural solutions. It also underscores the increasing role of solar power in agriculture, particularly in regions like Maharashtra, where access to reliable and affordable water pumping solutions is critical.

Future Outlook:

This ₹60.34 Crore contract is a major step in Sahaj Solar Limited's journey and aligns with its vision to contribute to the nation’s renewable energy goals. By enabling efficient solar water pumping systems, Sahaj Solar is not only boosting agriculture but also actively participating in the global transition to clean energy.

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