Indian company ReNew Power Ventures has commissioned its 143MW solar farm at Dichpally in the Nizamabad district of Telangana state.
The Government of Telangana’s Energy and Science (SC) Development Minister G Jagadish Reddy said: “The Government of Telangana is committed to providing good quality clean power to the industry and the people of the state.
“ReNew Power is one of the largest renewable energy investors in the state and has a proven track record. This state-of-the-art solar plant, which has been commissioned ahead of schedule, will help us meet our peak power requirement this season.”
ReNew Power's chairman and chief executive officer (CEO) Sumant Sinha 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.”
Sinha continued: “The enabling environment of the state and the support that the administration provides makes Telangana an attractive state for the solarpower industry.”
Over the next few months, the company’s installed capacity will reach 510MW in Telangana and its total investment will be Rs37bn ($530m). With more than 20% share of the solar energy industry, the company is one of the largest players in the state.
ReNew Power's chief operating officer (COO) Parag Sharma said: “The Dichpally solar farm is the largest plants in Telangana and the first to use tracker technology at such a large scale, which increases the power generation by 15%-20%. It was commissioned in a record time of 15 months, 3 months ahead of the schedule.”
The farm provided employment to 1,500 people during its construction phase. It also provides direct employment to 350 people. The company currently has an installed capacity of 345MW in the state, with installed pan-India power generation capacity of more than 2GW.