RMC Switchgears Limited Commissions 8.8 MWac of MAHAGENCO''S 46 MWac Solar EPC Project in Ahmednagar.
RMC · price
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RMC Switchgears has successfully commissioned 8.8 MWac out of a 46 MWac solar EPC project awarded by MAHAGENCO (Maharashtra State Power Generation Company) at Shevgaon in Ahmednagar district. The commissioned portion is valued at ₹38.49 crore, out of a total project value of ₹153.98 crore, being executed under a complete turnkey EPC contract. The project uses advanced crystalline solar PV modules and is expected to enhance power reliability for rural Maharashtra, benefiting farmers, small businesses, and local households. The balance project work is progressing as per plan, with the company targeting completion of the full 46 MWac capacity within the current financial year.
Positive for shareholders — this is a key execution milestone for a major state government order, validating RMC's solar EPC capabilities and providing revenue visibility for the remaining ₹115+ crore of work to be completed this fiscal year.