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Monday, April 23, 2012

Lanco commissions 56-MW solar PV power plants in Gujarat


Lanco Solar has announced the commissioning of 56 MW grid-connected solar photovoltaic power plants in Gujarat.

This includes three plants of 35 MW owned by Lanco Infratech Ltd and 21 MW built as turnkey EPC for other developers — the Gujarat Power Corporation Ltd (5 MW), GSPC Pipavav Power Company Ltd (5 MW), GHI Energy Pvt Ltd (10 MW) and Gujarat State Electricity Corporation Ltd (1 MW).

A fully-owned subsidiary of Lanco Infratech Ltd, the solar arm of Lanco said that these projects will generate up to 90 million units of green electricity annually resulting in reduction of carbon dioxide emissions.

Mr V. Saibaba, CEO Lanco Solar, said, “Gujarat is at the forefront of solar development. We look forward to continued growth here over our existing 56 MW we have built as a developer and an EPC player in the last one-and-a-half years in Gujarat.”

“GPCL partnered with Lanco for its 5 MW PV project in Solar Park. We would be happy to see more solar players like Lanco flourishing in Gujarat,” said Mr D.J. Pandian, Gujarat Principal Secretary for Energy.

The Gujarat Solar Park is amongst Asia's largest solar parks being dedicated by the Gujarat Chief Minister, Mr Narendra Modi, on April 19.

According to the company, Lanco Solar is currently developing 350 MW solar farms as a developer and an EPC player. Over 90 MW solar PV is currently operational. Lanco is building a fully integrated PV manufacturing facility at a 250-acre SEZ in Chhattisgarh. In phase-I, 75 MW module production capacity has been in operation since May last year. Other facilities for polysilicon, ingot and wafer plants are under construction.

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