Vijayawada-based infrastructure development company PVV Infra has won two orders from Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) to develop a cumulative capacity of 209 MW rooftop and ground-mounted solar projects.

The projects are valued at ₹7.99 billion (~$90 million).

PVV EVTech, a subsidiary of PV Infra, won 100 MW solar projects to develop projects across the state’s Baghpat and Moradabad districts.

The projects will be executed in a joint venture with Nacof Oorja at an estimated project cost of ₹3.84 billion (~$43.26 million). They are expected to generate an annual revenue of ₹530 million (~$5.97 million).

PVV EVTech has signed a 25-year power purchase agreement (PPA) with UPNEDA.

Another subsidiary of PVV Infra, PVV Housing, won an engineering, procurement, and construction contract to set up 109 MW solar projects. These projects will also be set up in the Baghpat and Moradabad districts and executed in collaboration with Nacof Oorja. The projects have an estimated cost of ₹4.15 billion (~$46.75 million).

PVV Infra’s offerings include engineering, design, planning, and execution of infrastructure projects, including power generation facilities. Additionally, the company offers comprehensive solutions for wind and solar projects.

In September 2025, PVV Infra signed an agreement to acquire a 49% equity stake in Aqua Dynamic Green Energy for developing a 28 MW solar project under a long-term PPA with the Maharashtra State Electricity Distribution Company.

According to Mercom India Research, 1.6 GW of utility-scale solar projects were auctioned in the second quarter of 2025, representing a steep 74.1% decline from 6.4 GW in Q1 2025 and a 75.2% drop from Q2 2024.

India added 2.8 GW of rooftop solar capacity in the first half of 2025, according to Mercom India’s Q2 2025 India Rooftop Solar Market Report.