Advait Krystal Solar Energy Secures ₹138 Crore Contract for Solar PV Systems in Maharashtra
Advait Krystal Solar Energy SPV bags contract worth Rs 138 cr
Business Standard
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Advait Krystal Solar Energy SPV, a subsidiary of Krystal Integrated Services, has secured a ₹138 crore (approximately $16.6 million USD) contract from the Directorate of Medical Education & Research in Maharashtra, India. The project involves the design and installation of rooftop solar power systems for government hospitals and medical colleges across the state.
- 01Advait Krystal Solar Energy SPV has won a ₹138 crore contract.
- 02The project will serve government hospitals and medical colleges in Maharashtra.
- 03The contract includes a 25-year maintenance agreement.
- 04The solar systems will be installed under a built-own-operate-transfer model.
- 05This initiative supports renewable energy efforts in the healthcare sector.
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Advait Krystal Solar Energy SPV, part of Krystal Integrated Services, has been awarded a significant contract worth ₹138 crore (approximately $16.6 million USD) by the Directorate of Medical Education & Research (DMER) in Maharashtra, India. This contract focuses on the design, engineering, supply, installation, testing, commissioning, and maintenance of rooftop solar photovoltaic (PV) systems at various government hospitals and medical colleges across the state. The project will operate under a built-own-operate-transfer (BOOT) model, ensuring that the solar systems are not only installed but also maintained for a period of 25 years. This initiative is a step towards enhancing renewable energy usage in the healthcare sector, contributing to sustainability and reducing reliance on traditional energy sources.
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This project will enhance the renewable energy infrastructure in Maharashtra's healthcare facilities, potentially lowering energy costs for hospitals and improving sustainability.
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