Maharashtra State Power Generation Corporation (MAHAGENCO) has informed Sangam Renewables Limited that Maharashtra Electricity Regulatory Authority (MERA) granted its approval of implementing of the 16MW project at Gavankund District Amravati in Maharashtra as pilot project out of the 150 MW projects for which tendered was awarded to the Company and for Balance capacity of 134 MW, to initiate a fresh bidding process.

Accordingly, the Company has consented for the implementation of the 16MW project and balance 134 MW projects be treated as cancelled for the time being as informed by the Maharashtra State Power Generation Corporation (MAHAGENCO).