PVV Infra Limited, an infrastructure company specializing in solar rooftop installations, has announced strategic decisions following its Board of Directors meeting, including a key investment in renewable energy. The company has signed a Letter of Intent with Aqua Dynamics Green Energy Pvt Ltd, which has been awarded a 37 MW solar power project by the Maharashtra State Electricity Distribution Company Limited (MSEDCL). Under the agreement, PVV Infra will initially acquire a 49% equity stake in Aqua Dynamics, with the remaining 51% to be taken over after successful project completion, resulting in full ownership.
The total project cost is estimated at ₹137.70 crore and will operate under a long-term Power Purchase Agreement with MSEDCL. Land acquisition has been completed, and development activities are in progress.
The project is expected to be completed by March 2026, with commercial operations beginning in April 2026, generating stable revenues for 25 years while contributing to India’s renewable energy goals. This initiative reinforces PVV Infra’s commitment to building a sustainable, future-ready portfolio in line with India’s target of achieving 500 GW renewable energy capacity by 2030.
PVV Infra offers engineering, design, planning, and execution services for infrastructure projects. The company undertakes ownership, construction, operation, and transfer of power generation facilities, along with building residential complexes, industrial parks, multiplexes, shopping centers, and townships.
