Oriana Power announced this week that it has received a new order for a 40 MWp solar power plant under the Captive Segment. The project was awarded by a cement manufacturing company. Oriana will set up the plant in Rajasthan for offtake by the cement manufacturer.
“The project will be implemented by a separate entity incorporated/to be incorporated by Oriana Power directly or through its subsidiaries,” stated Oriana Power.
Oriana’s scope of work includes engineering, procurement and construction, commissioning, operation and maintenance of the solar power plant. The plant construction/development cost is estimated at INR 155 crore.
The project is set for commissioning in 9 months. Operation and maintenance period is 25 years from the start of commercial operation.
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