Hindustan Power’s clean energy arm has commissioned its second solar power plant of 50 MW capacity in Punjab at an investment of Rs 3.25 billion.
Hindustan Power said in a statement said that the commissioning of the 50 MW solar plant increases the cumulative solar capacity of the company in Punjab to 80 (rpt) 80 Mws.
Situated in the cotton farming region of Punjab, the solar plant is part of the drive to promote clean energy and turn farmers into green energy entrepreneurs, it said.
The project was awarded by the Punjab Energy Development Agency on Bidding Route and the PPA has been signed with Punjab State Power Corporation Limited (PSPCL), it added.
Rajya Ghei, CEO – Domestic Solar, Hindustan Power said that their design and engineering team have designed the farm to leverage the irradiance the area receives and generate maximum output.
With a current solar capacity of 600 MW, the company is one of the key players championing the adoption of solar on mass scale in India. The clean energy arm of the company is generating carbon savings of around 720,000 tonnes per year.
Hindustan Clean Energy Ltd is a pioneer in developing solar farms and is also a significant player operating in the global Renewable energy market. The company was established in 2009, with the objective of developing renewable energy projects in India and around the world.
By Baishakhi Dutta