Photon Energy Systems has secured a mandate to execute a 3.5-MW solar photo-voltaic power plant for Ushodaya Enterprises, the publishers of leading Telugu daily Eenadu .
The Rs 25-crore project, which is expected to be ready within 3-4 months, will take Eenadu's installed capacity up from 6.5 MW to 10 mw.
The company had earlier implemented a 6.5-MW Midgil solar power plant in Mahbubnagar district by investing about Rs 50 crore. The entire project will come up on a 70-acre site in the backward district of the State.
Gautham Nalamada, Chief Executive Officer of Photon Energy, told
The Hyderabad-based Photon Energy has thus far deployed more than 65 MW of solar farms in the country, including a 5-mw solar unit for NTPC in Andamans. “We have a pipeline of 25 MW and the 40-MW module unit located near Hyderabad caters to domestic requirements and retail supplies,” Nalamada said.
The solar power unit has been operational for over four months and has been achieving a high plant load factor of 30 per cent, he said.