Onix Renewable Limited has announced that its subsidiary, Onix Trans Stellar, has been awarded 187 MW of solar projects under the Pradhan Mantri Kisan Urja Suraksha Evam Uthan Mahabhiyaan (PM-KUSUM) scheme. These projects will be distributed across 60 different locations in Gujarat.
The power purchase agreement for these projects has been signed with Paschim Gujarat Vij Company Limited. Onix Trans Stellar secured these projects by winning bids in auctions conducted by the Government of Gujarat. The projects fall under Component C of the PM-KUSUM scheme, which focuses on feeder-level solarisation. The initiative aims to promote the use of solar energy for irrigation and reduce the reliance on grid power.
The awarded projects are expected to be operational by the end of December 2024. This development aligns with the PM-KUSUM scheme’s objectives to support farmers by providing reliable energy for irrigation and reducing the carbon footprint of agricultural activities.
Onix Renewable Limited’s successful bid highlights the company’s commitment to expanding its renewable energy portfolio and supporting India’s transition to sustainable energy sources. The PM-KUSUM scheme, launched by the Indian government, aims to enhance energy security for farmers, reduce dependence on conventional power sources, and promote the use of renewable energy in rural areas.
The 187 MW solar projects in Gujarat will significantly contribute to the state’s renewable energy capacity and support the local agricultural sector by providing a consistent and sustainable energy supply. This achievement underscores Onix Renewable Limited’s role in driving forward India’s renewable energy goals and supporting the nation’s efforts to combat climate change.
Through these initiatives, Onix Renewable Limited continues to demonstrate its dedication to sustainable development and its strategic vision for a greener future.
