SB Energy Holdings recently mentioned about the start of the commercial operations of the 350MW solar power plant in Andhra Pradesh. In one of the reports, SB Energy stated that it is probably the 1st operational solar power plant that is delivered under the scheme Solar Parks of JNNSM (Jawaharlal Nehru National Solar Mission).
The plant actually commenced its operations on the 29th of March this year and it was completed some 50 days well ahead of its scheduled date that was agreed at the PPA (Power Purchase Agreement), as per the report. SB Energy is basically a 3 way joint venture that involves Bharti Enterprises, SoftBank Group from Japan and Foxconn Technology group, which is a design and manufacturing services provider from Taiwan.
The power plant has actually been designed as well as developed by SB Energy with the help of the newest technology and it will be supplying power at the agreed tariff of INR 4.63/kWh. It certainly has the capacity of producing electricity for nearly 7 lakh Indian households and it is also connected to the grid at around 400 k/V.
The Executive Chairman of SB Energy, Mr. Manoj Kohli went on to state that this project will certainly be contributing in a substantial way to the Indian Prime Minister’s vision of meeting India’s energy demands via clean renewable power.
The CEO of SB energy, Mr. Raman Nanda stated that this is the company’s first step in powering the nation’s growth with clean energy and he stated that his team hopes to be contributing as much as they can in the future as well. As a mark of offering support to the solar and renewable energy mission of the Indian Government, SB Energy is totally committed to building 20 GW of capacity.
Andhra Pradesh has been supporting this renewable energy move in the nation since the beginning. Few months ago, one of India’s biggest solar companies – Tata Power Solar had gone on to commission the 100MW solar project for NTPC at Anantapur (AP). At that time, Tata Power Solar’s Chief claimed that this is probably one of the biggest solar projects that were commissioned with the use of domestically manufactured solar modules as well as cells.
He had stated that the plant would be generating around 160 Million Units of energy each year and it will easily help in offsetting nearly 110,000 tonnes of CO2 in the 1st year. Tata Power Solar had delivered this project well ahead of the stipulated deadline, which is almost 3 months before the schedule. Some of the main highlights of this project were actually the balance of the system, the incredibly innovative design and also the cabling. There are reports from many reliable sources that Andhra Pradesh will have many more such solar projects in the future as well.