SECI to Secure ?660 Crore Loan for 200 MW Solar Project in Madhya Pradesh

Renewable Energy (Solar) Sector News India

Solar Energy Corporation of India has invited proposals from financial institutions to raise a Rs 660 crore term loan for a 200 MW solar PV project in Dhar district, Madhya Pradesh. The project, being implemented under CPSU Scheme Phase-II, has an estimated cost of Rs 944.78 crore with an 80:20 debt-equity structure and includes Viability Gap Funding of about Rs 44.72 lakh per MW. Power will be supplied to Madhya Pradesh Power Management Company Limited under a 25-year PPA at Rs 2.45 per kWh. The bid submission deadline has been extended to 11 May 2026, with commissioning targeted by May 2027.

Note: The above-mentioned news was first published by us in our ProjectX India | 1st May 2026 edition.. Do you want to buy this issue or our latest issue? If yes! click here

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