RP-Sanjiv Goenka Group’s power utility arm CESC Ltd today announced commissioning of an 18 MW solar power plant in Madurai, Tamil Nadu.
“With the adding of this fourth renewable power plant, the Group has reinforced its thrust on energy diversification and expects the total renewable capacity to touch 113 MW by the end of this fiscal year,” the company said in a press release. According to the statement, the company has entered into a 25-year power purchase agreement (PPA) with Tamil Nadu Generation and Distribution Corporation (TANGEDCO).
The project, including 15 km transmission line, has been completed within a period of 6 months. Sanjiv Goenka, Chairman, CESC and RP-Sanjiv Goenka Group, said, “We are leapfrogging towards the next level of expansion where we want to reach a target capacity of 500 MW solar and wind power in the next 18 months while expanding our footprint simultaneously.” CESC’s total thermal and renewable generation capacity stands at around 2,478 MW. The company currently has 86 MW wind power capacities in Rajasthan and Gujarat, and 27 MW solar capacities in Rajasthan and Tamil Nadu.
Source:Moneycontrol
