Artha Energy Commences Expansion Work on Rooftop Solar Plant in Aurangabad

Oct 30, 2020 12:34 PM ET
  • Artha Energy Resources has actually revealed that it has begun expansion work on its 165 kW rooftop solar power plant in Aurangabad, Maharashtra.
Artha Energy Commences Expansion Work on Rooftop Solar Plant in Aurangabad

Artha Energy Resources (AER), a shop financial investment bank as well as business advisory firm has introduced that it has actually started development work with its 165 kW roof solar energy plant in Aurangabad, Maharashtra. The existing ability of the solar rooftop power plant stands at 100.4 kW which has actually been energetic considering that February 2019 while 64.5 kW will currently be included under the expansion project.

The development benefit the solar roof project is for an Auto component manufacturer based in Aurangabad, Maharashtra as well as is expected to be finished by December 1, 2020.

As part of the growth work Longi 430 Wp Half-cut Mono PERC Modules with Sungrow 50 kW inverter will be installed. Presently, at 100.4 kW the plant creates around 1.5 lakh systems yearly, with the conclusion of a broadened ability of 64.5 kW it is anticipated to generate around 2.5 lakh units yearly. With this new installation, the vehicle part maker is anticipated to save around 17.5 lakh rupees per year thinking about a tariff of 7 rupees per unit.

Animesh Damani, Managing Partner, Artha Energy Resources stated, "We are delighted to start the expansion work; it is a fellow feeling when a client returns to you as well as wishes to expand their solar ability. This offers us a significant boost in the high quality of work we do and also the output we assure to deliver to our clients. The development work is a testimony of just how industrial units can use its area and minimize costs by taking on solar. The enhancement of brand-new ability will aid our client satisfy its expanding need for power at the same time minimized power prices."

By 2023 Artha Energy Resources intends to add around 30 MW of assets from solar. It possesses few windmills in Rajasthan and Maharashtra. By the next couple of years, the firm aims to attain 80 percent of its ability originating from solar energy. Ninety percent of its commercial project customers are from pharma, autos and also FMCG while on the industrial front-- resorts, malls as well as corporate residences of large business form its clientele. In addition to rooftop solar, the company is active in the procedure of greenfield as well as brownfield projects also.