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November 22, 2011

Green Infra commissions 10-MW solar plant in Gujarat…

  • Green Infra Ltd, a renewable energy-focused power generation company, has commissioned its first 10-megawatt (MW) solar photovoltaic (PV) power plant in village Mervadar in Rajkot district of Gujarat. The company invested Rs 130 crore in the facility and has commissioned it ahead of its schedule, according to a release. This is the first solar plant to be commissioned under the second phase of Gujarat's solar policy, Mr Shiv Nimbargi, Managing Director and CEO, said. The solar PV plant is expected to generate 16 million units of energy annually, supplying electricity to over 4,000 homes and saving 12,000 tonnes of carbon emissions.

  • With the commissioning of this plant, Green Infra's operating capacity now stands at 174 MW. The company is on track to implement an additional 150 MW by the end of this financial year, with a longer term plan to reach total generating capacity of 3,000 MW by 2015 across several renewable energy secto rs in a diversified portfolio including wind, solar, small hydro, biomass and energy efficiency sectors. Incubated by IDFC Private Equity Funds in 2008, Green Infra now has 174 MW of operating assets under management in Tamil Nadu, Karnataka, Maharashtra and Gujarat.

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