Hyderabad: One of India’s largest independent renewable energy power producers, ReNew Power, on Saturday announced the commissioning of its 143 MW solar farm in Dharmaraopet village in Sadashiva Nagar mandal, Kamareddy district, of Telangana. The company has invested about Rs 930 crore in the project, at a rate of Rs 6.5 crore per MW.
Speaking about the farm, Sumant Sinha, Chairman and CEO of ReNew Power, said, “It gives us great pride to partner with the Government of Telangana and play a leading role in its mission of harnessing the solar potential of the State. The enabling environment of the State and the support that the administration provides makes Telangana an attractive State for the solar power industry. Over the next few months, we will reach an installed capacity of 510 MW in Telangana and our total investment will cross Rs 3,700 crore.”
ReNew Power has a share of more than 20 per cent in the solar energy industry and is one of the largest players in Telangana. The farm was inaugurated by G Jagadish Reddy, Minister for Energy, SC Development, Government of Telangana. Reddy said, “The Government of Telangana is committed to providing good quality and clean power to industry and the people of the State. This state-of-the-art solar plant, which has been commissioned ahead of schedule, will help us meet our peak power requirement this season.”
Giving details of the project, Parag Sharma, Chief Operating Officer of ReNew Power, said, “The Dichpally solar farm is the largest solar plant in Telangana and the first one to use tracker technology on such a large scale, which increases power generation by 15 per cent to 20 per cent. It was commissioned in a record time of 15 months, which is three months ahead of schedule.”
TS top solar power producer
Kamareddy: With the commissioning of the newly constructed 143 MW solar power plant, Telangana will become the country’s largest solar power producer in India and stand at the first place producing 1700 MW of power, said Jagadish Reddy.
ReNew Power, promoter of the new solar plant, is constructing seven solar power plants in Telangana with an outlay of Rs 4,000 crore to produce 510 MW of power.
Jagadish Reddy expressed the hope that by August 2017 Telangana would produce nearly 3,000 MW of solar power. Chief Minister KCR was striving for ‘golden Telangana’ and focusing on electricity sector, said Jagadish Reddy. Within three years, Telangana had become self-sufficient in energy sector, constructed new power lines in nine months to purchase cheap power from Chhattisgarh and other States, and in March Telangana distributed 9,340 MW of power to various sectors, which was equivalent of the power consumption of undivided Andhra Pradesh, the minister added.
He further informed that Telangana would introduce “Household Solar Power Generation System” or ‘Domestic Solar Power Production System’ on individual houses and make the State self-sufficient in power. Present at the inauguration were Zaheerabad MP BB Patil, Yellareddy MLA Yenugu Ravinder Reddy, ReNew Power chairman and CEO Sumanth Sinha, and Kamareddy Collector Dr. Satyanarayana.
Yenugu Ravinder Reddy, Yellareddy MLA, said that because of the Telangana government’s initiatives, 250-300 MW solar power plants were installed in Yellareddy constituency which would help provision of clean power, and provide employment to some 2,000 people. He requested private solar companies to utilize land bank in Yellareddy constituency and install more power plants.
BB Patil, MP, said that the Telangana Government was encouraging solar power generation and the Union Government was issuing a subsidy of Rs 20 lakh on each MW of power, and private solar power companies should utilize this opportunity, he said.