Advait Infratech Limited announced that company entered into a Memorandum of Understanding (MOU) with the Government of Uttarakhand along with KPI Green Energy Limited on November 1, 2023. The MOU is valid for a duration of 12 months, with the primary objective of jointly developing a solar park in the state of Uttarakhand. The MOU outlines the collaborative efforts of the above-mentioned parties in the development of a solar park in Uttarakhand. The solar park is expected to contribute significantly to renewable energy generation and align with the state's commitment to sustainable energy practices. The Government of Uttarakhand, as per the MOU, has expressed its intent to provide all necessary assistance required for the commencement and successful execution of the solar park project. The MOU is valid for a period of 12 months from the date of
signing, i.e., November 1, 2023.