Orange Renewable, a 100% owned subsidiary of Singapore-based AT Holdings Pvt Ltd, has commissioned a total capacity of 140 MW of solar PV Projects in the state of Gujarat and Maharashtra, according to company’s press release.
The 40 MW Charankar Solar Park, located in Gujarat, and the 100 MW, Dhule, Maharashtra, installation come under the Viability Gap Funding (VGF) scheme developed by MNRE.
Orange Renewable will receive an average power tariff of INR 4.43 ($0.07)/kWh for the next 25 years for Maharashtra plant.
The power plants are estimated to generate power supply for approx. 175,000 homes and save approx. 1,744,232 tonnes of CO2.
Orange Renewable has developed and operating several renewable energy projects in the field of wind and solar across India with the presence in Andhra Pradesh, Madhya Pradesh, Gujarat, Maharashtra, Rajasthan and Tamil Nadu.