GP Eco Solutions Secures 10.00 MW Solar Project through PPA with MPPMCL
GP Eco Solutions India Limited has executed a significant Power Purchase Agreement (PPA) aimed at developing and operating a 10.00 MW Solar Power Project in Madhya Pradesh. The agreement was signed with M.P. Power Management Company Limited (MPPMCL).The project is set to be developed at Mrigwas, District Guna, Madhya Pradesh, under the framework of the Surya Mitra Krishi Feeder Yojana. This strategic PPA strengthens GP Eco Solutions' renewable energy portfolio and reinforces the company's commitment to sustainable energy development.
Details regarding this contract, which involves a domestic entity, are summarized below:
| Aspect | Details |
|---|---|
| Contracting Entity | M.P. Power Management Company Limited (MPPMCL) |
| Project Scope | Development, commissioning and operation of 10.00 MW Solar Power Project |
| Project Location | Mrigwas, District Guna, Madhya Pradesh |
| Scheme | Surya Mitra Krishi Feeder Yojana |
| Contract Type | Power Purchase Agreement (PPA) |
| Entity Status | Domestic Entity |
| Execution Period | 12 Months from the date of execution |
The PPA relates to a domestic power purchase agreement. The contract does not involve any interest from GP Eco Solutions' promoter or promoter group in MPPMCL, nor is it classified as a related party transaction.
GPECO Stock Price Movement
Shares of GP Eco Solutions India Limited today slipped by 0.02% to settle at ₹443.5. The stock recorded a trading volume of 11,600 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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