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OVERVIEW

Globus is engaged in the business of setting up, generating and selling of renewable power from its ground mounted solar power plants located at Mandsaur District of Madhya Pradesh. Globus had entered into a PPA with MPPMCL for implementation of 23.67 MWp (20.00 MW AC) solar photovoltaic power generation unit in the State of Madhya Pradesh, to sell electricity for a period of 25 years from COD.

Details of Globus’s project elements are set forth as follows:

Element Location Specifications Actual commission date Expiry of term of the PPA
Mandsaur Madhya Pradesh AC capacity: 20 MW; DC capacity: 23.67 MWp January 2016 25 years from declared COD date

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