Eenadu, the Telugu Newspaper owned by Ramoji Group, has planned to put up a 6.5 MWp Solar PV Project for the captive consumption of its printing presses.
According to the company officials, the Proposed Project will be having ground mounted structure with tracker system and will generate around 12,289,500 units of clean solar electricity annually.
As said by the company, the solar projects for captive consumption shall not only guards businesses against increasing electricity prices, it also provides good investment opportunity. This shall be a key business model for solar projects in India because it doesn't depend on incentive schemes, has no restrictions on system sizes, has low level of bureaucracy and makes industrial customers independent from fluctuations in energy prices.
According to sources, the proposed project will be set up by the EPC Contractor Photon Energy Systems and will be completed by September 2013. It will be having around 25,720 panels from Norway based Renewable Energy Corporation (REC).
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