The Calcutta Electric Supply Corporation (CESC) Limited, the fully integrated power utility company of RP-Sanjiv Goenka Group, on Friday announced the successful commissioning of 18MW Solar Power Plant in Madurai, Tamil Nadu.
In addition to the fourth renewable power plant, the group has reinforced its thrust on energy diversification and expects the total renewable capacity to touch 113 MW by the end of 2016.
It has entered into a 25-year Power Purchase Agreement (PPA) with Tamil Nadu Generation and Distribution Corporation (TANGEDCO). The project has been completed in war footing within a period of six months including 15 km transmission line.
Sanjiv Goenka, Chairman of CESC and RP-Sanjiv Goenka Group, said: “We are leapfrogging towards the next level of expansion where we want to reach a target capacity of 500 MW solar and wind power in the next 18 months, while expanding our footprint simultaneously. We believe we are on the right track and will do our best to grow in this field.”