GURUGRAM, India, April 10, 2019 /PRNewswire/ --
ReNew Power Ltd. ("ReNew Power"), India's leading renewable energy Independent Power Producer, today announced the commissioning of its 300 MW solar plant at the Pavagada Solar Park, located in Tumkur district in Karnataka. This is ReNew Power's largest solar plant commissioned in terms of capacity till date and will help mitigate 0.6 million tonnes of CO2 emissions per year. ReNew Power currently has a solar portfolio of nearly 3 GW across India, including both commissioned and projects under development.
Speaking on this occasion, Sumant Sinha, Chairman and Managing Director of ReNew Power said, "We take great pride in commissioning our state-of-the-art 300 MW solar power plant at Pavagada as we look to partner with the Government of Karnataka in harnessing the solar potential of the state. At ReNew, we are committed to providing efficient clean energy solutions to drive sustainable economic growth in India and do our bit to arrest climate change."
Commenting on the distinguishing features of this solar plant, Parag Sharma, Chief Operating Officer of ReNew Power said, "This is the first utility scale solar plant in India to use high efficiency Mono PERC solar modules and is based on seasonal tilt technology with string invertors. With the commissioning of this site, we have now increased our installed capacity in the 2000 MW Pavagada solar park to a total of 350 MW, reinforcing our status as one of the principal developers. The plant, during its construction phase, generated direct and indirect employment for around 1,500 people and will directly employ more than 100 people post commissioning."
As a socially responsible corporate, ReNew Power also has a robust community development agenda, under which multiple initiatives are undertaken to transform the lives of people in the vicinity of ReNew's project sites. Till date, ReNew Power's CSR programmes have impacted around 15,000 lives across 16 villages in Karnataka. To mark this occasion, a solar roof top installation was inaugurated at the GHP School, Valluru, adjacent to ReNew's solar farm at Pavagada, under its flagship program 'Lighting Lives', to foster an improved learning environment.
About ReNew Power
ReNew Power Limited is India's largest renewable energy IPP (Independent Power Producer) in terms of total energy generation capacity. As of February 2019, ReNew had a total capacity of over 7 GW of wind and solar power assets across the country, including commissioned and under development projects. It develops, builds, owns and operates utility scale wind and solar energy projects as well as distributed solar energy projects that generate energy for commercial and industrial customers. ReNew has a strong track record of organic and inorganic growth having nearly doubled its operational capacity in each of the last three Fiscal Years. ReNew's broad base of equity investors include Goldman Sachs, JERA, ADIA, CPPIB, and GEF SACEF India.
ReNew Power Ltd.
SOURCE ReNew Power Limited