Waa Solar has entered into agreements to supply 48.15 MW of solar power to Madhya Pradesh Power Management Company Limited, a state government undertaking.

According to an exchange filing, the company has executed multiple power purchase agreements (PPAs) with MPPMCL. The electricity will be generated from a solar project with a total capacity of 48.15 MW.

The power will be supplied at a tariff ranging between Rs 2.73 and Rs 2.75 per unit for a period of 25 years, as per the approved terms.