Luminous Power Technologies bags orders for 350 MW solar capacity in Rajasthan under PM-KUSUM
Luminous Power Technologies will install 350 MW of solar power projects in Rajasthan. These projects are part of the PM-KUSUM scheme. Electricity generated will be sold to local distribution companies. The installations are expected to begin in ea...
Under the project structure, the electricity generated from these solar plants will be sold to local distribution companies, Luminous Power Technologies said in a statement.
The combined installations could generate between 500-560 million units of electricity annually, potentially offsetting an estimated 4.02 lakh tonnes to 4.59 lakh tonnes of CO₂ each year which is equivalent to planting approximately 19 to 22 million trees.
The project is expected to be executed in a staggered manner beginning in the first quarter of 2026.
Preeti Bajaj, the CEO & MD of Luminous Power Technologies, said the 350 MW solar projects under the PM-KUSUM scheme are a major milestone for the company.
Launched in 2019, the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) aims to add 34,800 MW solar capacity by March 2026.
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