Que: Datta Infra is one of the leading players in India's renewable energy and infrastructure sector. Could you share your strategic vision for the company?

Ans: Our vision is clear, to leverage the opportunities that India offers to foreign investors, particularly in the renewable energy sector. India’s policy of allowing foreign companies to establish wholly-owned subsidiaries has attracted significant foreign capital, yet many investors encounter formidable challenges navigating India’s intricate infrastructure deployment processes.

Land acquisition, a pivotal element in developing renewable projects, often raises concerns regarding investment viability. My vision is to mitigate these challenges by creating a more secure investment environment. Our efforts include streamlining the land acquisition process and navigating regulatory complexities, ensuring projects are developed and commissioned seamlessly. Bridging gaps in connectivity, land availability, and addressing Transmission Line Right of Way (ROW) challenges is at the core of Datta Infra's strategy.

Till now, we have successfully executed over 3,000 MW of solar power projects in just four years, ensuring investments are protected and projects are fully operational. Our focus remains on addressing challenges, and building a robust framework to maximise the security and viability of renewable energy investments in India.

Que: Land acquisition is often a challenging aspect of large infrastructure projects. What specific hurdles has Datta Power encountered while acquiring land for renewable energy projects?

Ans: Despite advancements in solar module technology, which have reduced land requirements for projects, land acquisition remains a complex challenge. A 100 MW project now needs around 350 acres instead of 500, thanks to more efficient modules. However, acquiring or leasing land can be challenging due to varying state regulations on land tenancy and renewable projects.

EPC complexities also extend to transmission lines, often facing right-of-way (ROW) challenges. We have navigated these challenges by cultivating relationships with local communities and gaining a deep understanding of nuanced regulatory frameworks, allowing us to secure land more effectively and expedite project timelines.

Que: The government is actively promoting renewable energy, including green hydrogen, battery storage, and hybrid power models. How is Datta Power aligning its strategies with these evolving government policies?

Ans: Our strategies are fully aligned with government policies through investments in hybrid power projects, green hydrogen, and battery energy storage systems. While implementation of green hydrogen policies is still in its early stages, we are positioning ourselves strategically to capitalise on emerging opportunities. Additionally, we are aggressively pursuing projects in states like Bihar, Uttar Pradesh, Karnataka, Andhra Pradesh, and Maharashtra to further expand our renewable energy footprint.

Que: With solar power costs decreasing over the last few years, what initiatives is Datta Power undertaking to make solar power more affordable and accessible to customers, especially under schemes like the ‘PM Surya Ghar: Muft Bijli Yojana’?

Ans: The rooftop solar market has grown significantly, thanks to initiatives like the PM Surya Yojana. Lower costs of solar modules have made installation more accessible, with many recovering their investment in just 4-5 years, , enjoying virtually free electricity thereafter. We’ve been focused on simplifying the transition for customers, ensuring they can enjoy the long-term benefits of solar energy.

Que: Solar parks are essential in driving large-scale renewable energy generation. How is Datta Power contributing to the development of solar parks?

Ans: At Datta Infra, we undertake EPC (end-to-end services) for transmission lines, solar parks, wind parks, wind masts, PSS besides providing operation and maintenance services. Our flagship 4000 MW solar power park in Bikaner is a cornerstone of India’s renewable energy targets and a critical driver in Rajasthan’s goal of achieving 80-90 GW of renewable capacity by 2030. Our commitment aligns with India's growing demand for sustainable development.

Que: Recently, Datta Power’s subsidiary Adyant Enersol secured a, INR 1,500 crore financing agreement with REC. Could you elaborate on how this financing will support your project pipeline?

Ans: This financing agreement is crucial for our upcoming projects. Typically, a significant portion of a renewable energy project’s costs is covered through project financing, with institutions like REC and IREDA playing a crucial role. This financing is instrumental for our upcoming projects. This agreement, combined with our own capital contributions, allows us to advance confidently with our development plans, ensuring that our projects are completed on schedule and begin generating renewable energy as planned.

Que: A growing concern in the renewable energy sector is the shortage of skilled professionals. How is Datta Power addressing the talent gap?

Ans: The renewable energy sector is relatively young, so the talent pool for experienced professionals is limited, particularly in specialised fields like wind resource analysis. To address this gap, we focus on attracting skilled talent with competitive packages and engaging seasoned consultants to train our team on the latest software and technologies.

We also conduct specialised training programmes for our employees, ensuring they stay updated with the latest technologies and methodologies. By investing in the continuous development of our workforce, we’re working to ensure that our projects are executed with precision and technical expertise.