India's biggest solar panel manufacturer, Waaree Energies has installed 10 Mega Watt solar power project in Pondicherry. Energy from 10 MWp plant will be sent to Pondicherry electric distribution company. Project was financed by IREDA and total 37,920 solar panels were used for the project. The plant has installed WAAREE 330 wp solar modules. With an agreement under the LTOA scheme, Waaree has signed a 25 year-long Power Purchase Agreement (PPA) with Chemfab Alkalies.
The plant is expected to generate 17500000 kWh of solar electricity in a year bringing down power costs and thus relieving the tariff burden on households and ensuring a tremendous value proposition for industries located in the city.This new project aids the government’s vision of making Pondicherry India’s pilot solar city with an aim to drive the Atma Nirbhar Bharat initiative.
Viren Doshi, Director, Waaree Energies said “we are honoured to be partnering with the Pondicherry Energy Department and the Pondicherry Electricity Grid to enable the union territory to build a solar efficient future. With India on the brink of a solar-powered revolution, this move will potentially contribute to the country’s vision of achieving 175 GW by 2022. Furthermore, it will propel the overall development of Pondicherry and also scale new heights in making solar a mainstream source of energy in the country. We will continue to be committed to providing high quality and cost-effective sustainable energy solutions to our country.