Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Industry News

| More

Vikram Solar commissions 200 MW solar project for APGENCO

Posted On: 2019-02-19 16:41:15

Vikram Solar, one of India's leading module manufacturer and solar EPC player, commissioned a 200 MW solar power project for Andhra Pradesh Power Generation Corporation (APGENCO) that will power nearly 1,50,000 homes once connected to the grid. The plant, situated in district Anatapuramu, Andhra Pradesh, is segregated into 2 blocks of 100 MW each for better management and higher efficiency.

The project is spread across 1000 acres (500 acres each for 100 MW) of undulated rocky terrain, and power will be evacuated at 33 KV level in 2 pooling substations of 33/220 KV capacity, which will further evacuate power to 220/400 KV main substation.

In the project, a total of 8,48,680 modules, ranging from 320 wp to 330 wp were installed. The project is expected to produce 446 MU energy annually and will reduce 210 metric tonnes of CO2 emissions in a year. Vikram Solar will also carry out Operation and Maintenance (O&M) of the plant for a period of 5 years from the date of commissioning.

Mr. Kuldeep Jain, COO- EPC, Vikram Solar, shared on the occasion, "At Vikram Solar, we have always been focused towards building capacities to increase our contribution in the Indian solar revolution. We faced many challenges during the execution of this project. Undulated land required boulders/rocks to be excavated from the site. Multiple and yet careful execution of blasting required to reach the desired trench depth for cable placement, and non-availability of natural earth material for back filling presented engineering challenges. On the other hand, confusion surrounding GST rate applicability impacted cash flows, and implementation of Safeguard delayed delivery of modules. However, meticulous planning and strategy development in engineering and operations helped us in successfully completing the project with an average installation of around 4 MW per day. This is quite a proud moment for us and we hope that this would be just the beginning of a fruitful association between Vikram Solar and APGENCO."


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

New HFS report recognizes Cognizant for 'Simplifying Healthcare'

National Life Transforms Customer Experience Program with Cognizant

ETMONEY becomes India's first comprehensive financial services app to integrate UPI

India pharmaceuticals market expected to reach USD 73.5 billion by 2023

Engineers Alert: Zomato opens registrations for its 'Trial Week'

Wadhawan Global Capital sells stake in Avanse to Warburg Pincus

ICAI Postpones May, 2019 CA Examinations

MSE 'Financial Inclusion' Drive in Goa in a bid to Boost Participation from Tier II, Tier III Cities & Rural Areas

Cognizant Names Brian Humphries as CEO, Succeeding Company Co-Founder Francisco D'souza

Harish Natarajan appointed as the new President and COO of Strand Life Sciences

ICAI Celebrates Platinum Jubilee Annual Function

ICAI signs MoU with Invest India to promote Foreign Investment

Tata AIA Life Insurance celebrates the Centennial Year of AIA

Twenty14 Holdings Marks Entry into Switzerland with new IntercityHotel at Zurich Airport

ICAI signs MoU with ICPA of Kenya

Sathguru Management Consultants advises Pravesha Industries to divest majority stake in Crest Cellulose to Roquette Freres, SA

Saurashtra Freight Pvt. Ltd. charts out growth strategy

Toffee Insurance announces India's First Cyclist Insurance

Whitecaps flags of their 6 month excellence program in cake making

Home Credit India offers attractive customer-focused schemes across Lenovo and Motorola smartphone range

MyLoanCare rolls out a free loan portfolio management system

Auto LPG sector grows impressively; clocks 14% growth in sales

'India Cold Chain Show 2018' showcases innovative cooling solutions in Mumbai

ZestMoney partners with Xiaomi to provide financing options at Mi Home stores

Jana Small Finance Bank launches Jana Bankable Debit Card

GoAir announces Kannur as its 24th domestic destination

InterGlobe Foundation initiates Heritage Restoration and Waste Management In Rajasthan

eMudhra becomes an Executive Member of the Cloud Signature Consortium

ECGC chairs meeting of CEOs of ECAs of Asia Pacific Regional Cooperation Group in Mumbai

Fincare SFB posts 99 percent AUM growth, Rs.42.3 crore profit in H1 FY 2019

Future Generali India Life Insurance introduces a new age ULIP, Future Generali Big Dreams Insurance Plan

Honda 2Wheelers India drives Skill India Mission in Tamil Nadu

Indian biosimilar market to be worth $40 billion by 2030

Rane NSK Opens New Facility for EPS at Gujarat

GoAir reports highest OTP for second consecutive month!

ICAI signs MoU with CPA Canada

Square Capital Emerges as the Largest Integrated Mortgage Marketplace in India

Fresh impetus to the MSME sector - Acuité Ratings

GoAir's 13th Anniversary Offer: Up to 13 Lakh seats on sale at an all-inclusive price of Rs 1,313

India's plastics export jump 31.6% in H1 2018-19 to USD 4.59 bn

Homes worth Rs 1200 crore sold during Housing.com's Home Ustav 2018

Not just top 5 cities, now Tier III cities also contributing to retail participation in stock markets

Lighthouse invests 160 Crore in mattress company Duroflex

Kreditech licensed by Reserve Bank of India to operate as NBFC

Next Education partners with Capgemini as Edu-tech enabler

Co-origination lending: A potential solution to NBFCs' funding challenges

Honda 2Wheelers India expands its global footprint ahead of 2020

'All Weather Investing' - asset allocation with ETFs launched on smallcase.com

NPCI organises digital training workshops at 50 plus educational institutes on teacher's day

AVIVA launches Online Will Writing Service to Promote Financial Literacy







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019