Gujarat-based KPI Global Infrastructure today announced it had secured a repeat order for executing a solar power project of 7.5 MW DC capacity from Surat-based Anupam Rasayan India Limited—a company engaged in the custom synthesis and manufacturing of specialty chemicals in India. KPI shall execute the project under the captive power producer (CPP)’ segment, which shall take its total capacity for Anupam Rasayan India to 20 MW DC.
KPI Global commissioned the first order of 12.50 MW DC for Anupam Rasayan in September 2021.
Captive solar power plants make a lucrative proposition for growing micro, small and medium enterprises (MSMEs). Most manufacturing units in the micro, small and medium enterprise (MSME) segment have poor infrastructure and small roof size, which allows them to meet barely 5-10% of their energy consumption from solar installation, whereas energy consumption accounts for 25-40% of their total manufacturing cost (excluding raw material cost). Some MSMEs involved in the business of foundry, forging and dyeing have even higher energy cost of up to 50%, according to Faruk Patel, Chairman and Managing Director, KPI Global Infrastructure.
By going for captive solar plants, MSMEs can not only contribute in addressing the challenge of global warming but also generate additional cash flows to their business.
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