Page 25

energetica-india-56

SOLAR POWER ENERGETICA INDIA RattanIndia Solar wins 70MW solar project in Rajasthan RattanIndia Solar recently announced that its subsidiary Yarrow Infrastructure Limited has won solar project of 70 MW capacity at a tariffs of Rs 4.36/kWh in reverse e-auction conducted by National Thermal Power Limited (NTPC). With current win, Rattan India’s solar portfolio has increased to more than 200 MW which is spread across the country. These bids witnessed aggressive bidding since Rajasthan has the best solar isolation in the country. RattanIndia was also the second lowest bidder for 900 MW of NTPC solar projects in Andhra Pradesh. The company had earlier won 10 MW of grid connected solar rooftop projects that will be implemented on CPWD buildings in Delhi and West Bengal including important government buildings like Krishi Bhawan and The Supreme Court of India. It is also implementing rooftop solar projects on more than 80 Government buildings in cities of Bhopal, Jabalpur and Indore in Madhya Pradesh SPEAKING TO... ENERGETICA INDIA: What has made RattanIndia enter the solar sector? ANJALI RATTAN NASHIER: Power plays a key role in development of a country and with this vision in mind, RattanIndia (previously known as Indiabulls power) had entered into power generation. We had envisaged that for sustainable development we must have a balanced mix of power from renewable and non renewable sources. We established our first solar plant in 2011. Government of India is committed to reduce carbon emissions by focusing on cleaner energy. Government has set a target of 100 GW of solar energy generation by 2022 and has also formed International Solar Alliance to create an enabling environment for achieving it. There is a huge push to clean energy generation not only in India but all across the world. Being one of the oldest solar players in the country we also renewed our focus on solar energy and now we aim to become largest solar company of India. ENERGETICA INDIA: Being a power developer on the conventional and unconventional side, both, what are your thoughts on challenges & opportunities in both these areas? ANJALI RATTAN NASHIER: The demand for electricity is increasing rapidly but there is a wide gap between demand and supply. Mrs. Anjali Rattan Nashier CEO of RattanIndia Solar to learn her view on India’s solar industry Though current focus is on effective utilization of installed capacity in thermal power plants but considering increasing demand, expansion will be required in 2-3 years from now. Power plants with ability of expansion like ours will be great asset in bridging the demand supply gap. Though ensuring availability of coal at the power plant is one of the major challenges but the situation is slowly ameliorating with increase in the production of coal. Poor financial health of state utilities and lack of long term PPAs are also limiting factors in the growth of conventional energy sector. With ‘UDAY’ scheme we hope that these issues will be addressed. energetica INDIA · MAR | APR16 25


energetica-india-56
To see the actual publication please follow the link above