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Orient Green Power Commissions 7 MW Solar Project
8 Dec
Summary
- Orient Green Power Company entered the solar sector via a subsidiary.
- A 7 MW AC Solar Power Project was commissioned in Tamil Nadu.
- The project was funded through a Rights Issue for renewable energy.
Orient Green Power Company (OGPCL) has officially entered the solar power generation market, diversifying its renewable energy operations. This strategic move involves its subsidiary, M/s Delta Renewable Energy (DELTA), which has successfully commissioned a 7 MW AC Solar Power Project.
The newly operational solar plant is situated in Krishnasamudhram Village, within the Tiruttani Taluk of Tiruvallur District in Tamil Nadu. This development signifies OGPCL's expansion beyond its established strength in wind power, demonstrating a commitment to broader renewable energy solutions.
Funding for this significant venture was secured through a Rights Issue, highlighting the company's proactive approach to financing growth in the clean energy sector. The 25 MW AC Solar Power Project initiative, of which this 7 MW is a part, aims to further solidify OGPCL's presence in the sustainable energy landscape.
