ReNew Power Ventures Pvt. Ltd. today announced the commissioning of its 143MW solar farm in Dichpally, located in Nizamabad district of Telangana.
Hon. Minister Sri G. Jagadish Reddy while inaugurating the solar farm 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."
Welcoming the initiatives taken by the government in the renewable energy sector, 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. We thank Sri G. Jagadish Reddy for extending his support to ReNew Power and encouraging us by gracing today's occasion. 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 INR 3,700 crore. With more than 20% share of the solar energy industry, we are one of the largest players in the state."
Giving further details of the project, Parag Sharma, Chief Operating Officer of ReNew Power mentioned, "The Dichpally solar farm is the largest solar plant in Telangana and the first one 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."
During the construction phase, the solar farm employed more than 1,500 people and after commissioning, it will provide direct employment to 350 people.