23 May 2024
Onix Renewable Limited has announced that its subsidiary, Onix Trans Stellar, has been awarded 187 MW of solar projects under the Pradhan Mantri Kisan I-Jrja Suraksha Evam Uthan Mahabhiyaan (PM-KUSLJM) scheme. These projects will be distributed across 60 different locations in Gujarat. The power purchase agreement for these projects has been signed with Paschim Gujarat Vij Company Limited. Onix Trans Stellar secured these projects by winning bids in auctions conducted by the Government of Gujarat. The projects fall under Component C of the PM- KUSUM scheme, which focuses on feeder-level solarisation. The initiative aims to promote the use of solar energy for irrigation and reduce the reliance on grid power.
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