ReNew Power Commissions 250 MW Solar Project in Rajasthan

Sumant Sinha-led ReNew Power has commissioned 250 MW of Inter-State Transmission System (ISTS) solar project in the Jaisalmer district of Rajasthan.

September 10, 2021. By Manu Tayal

Sumant Sinha-led ReNew Power has commissioned 250 MW of Inter-State Transmission System (ISTS) solar project in the Jaisalmer district of Rajasthan.

The country’s leading renewable energy Independent Power Producer (IPP) had won the 300 MW solar project, earlier, in tranche-3 of the competitive auction conducted by the state-owned Solar Energy Corporation of India (SECI).

ReNew Power, which is also the 10th largest global renewable IPP by operational capacity, said that, the remaining 50 MW of capacity is expected to be commissioned by the end of this month.

Moreover, the company has signed a 25-year Power Purchase Agreement (PPA) with SECI for the project and will provide clean electricity to Bihar at a rate of Rs 2.55/kWh (~USD 0.035).

Besides, the project is also expected to provide direct employment to around 600 people.

In this project, the Nasdaq-listed company installed monocrystalline modules with fixed tilt and string inverters which enhance the project efficiency, and also used a robotic module cleaning system to help conserve water in the desert state of Rajasthan.

Commenting on the project commissioning, Founder, Chairman and CEO of ReNew Power, Sumant Sinha, said that, “with this commissioning, ReNew Power continues to contribute significantly to India’s growing renewable energy capacity in line with the country’s ambitious targets of achieving a capacity of 450 GW by 2030. This is the first project to be commissioned after ReNew started trading on NASDAQ (RNW) and is another step towards ReNew achieving close to 18 GW of installed renewable energy capacity by 2025. I am delighted that our teams were able to commission this project within the budget as well as within the stipulated time despite COVID-related challenges.”

Meanwhile, the company develops, builds, owns, and operates utility-scale wind and solar energy projects and distributed solar energy projects. As of August 31, 2021, it has a total capacity of 10.2 GW out of which 5.8 GW is operational across the wind, solar and hydro energy projects in India and the rest is under construction or in pipeline.
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