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Bhagyanagar India Limited has received Eleven Letters of Award (LOA) for a total capacity of 65.7 MW (AC) Solar Power Project via the RESCO model. The project, part of the PM KUSUM scheme, will take place in Uttar Pradesh, with a total investment of ₹230 Crores. The awarded capacity breakdown includes various loads ranging from 4.6 MW to 78 MW across eleven contracts, and the electricity tariff is set at ₹2.76 per kWh, with a subsidy from both the Government of India and the Uttar Pradesh government. The project is expected to be commissioned within 12 months, with a contract period of 25 years for power procurement under the PM KUSUM framework. This initiative enhances the company’s position in the renewable energy sector, reflecting a positive outlook for future growth opportunities.