AP Gets Ready to Tap Solar Energy: 350MW Solar Project gets Permission to Begin Commercial Operations
On April 11th, an announcement was made by SB Energy Holdings to begin the commercial operations of the 350 MW solar power project which has been set up in Andhra Pradesh.
According to a statement released by the agency this operational solar plant is a part of the Solar Parks scheme that comes under the coveted Jawaharlal Nehru National Solar Commission.
The operations of this plant began on 29th March 2017 and the first phase was completed well before the schedule defined in the Power Purchase Agreement (PPA), 51 days prior to be exact.
SB Energy Holding is a joint venture between three major organizations namely, Bharti Enterprises, SoftBank Group Corp from Japan and FoxConn Technology Group, a design and manufacturing service provider from Taiwan.
The agency has used the latest technology to design and develop this power plant. According to the sources, once the power plant commences its operations commercially, it will be able to supply power at a tariff as low as INR 4.63/kWh. The plant is connected to the grid at 400K/V and is said to have a capability to provide power to 7 lakh homes in India.
While releasing the statement, SB Energy’s Executive Chairman, Manoj Kohli stated that this project is a contribution to Mr. Narendra Modi’s idea of fulfilling the country’s demand for energy by tapping renewable sources of power.
The CEO of SB Energy, Mr. Raman Nanda said that this project is their first step to make a contribution for the development and growth of the country through clean energy and they hope to make a difference with such ventures in the future as well.
SB Energy offers its complete support to the Indian Government’s mission of solar and renewable energy and has undertaken a commitment to build a capacity of 20GW.