Orange Renewable, a 100% subsidiary of AT Holdings Pte. Ltd successfully commissioned a total capacity of 140 MW SolarPV Projects in the state of Gujarat and Maharashtra.
The projects with respective capacityof 40 MW (CharankarSolar Park, Gujarat) and 100 MW(Dhule, Maharashtra)were bagged through a competitive bidding processin 2016conducted by Solar EnergyCorporation of India (SECI), the nodal agency for implementation of MNRE schemes for developing grid connected solar power capacity through Variable Gap Funding (VGF) model in the country.The VGF scheme is a part of Jawaharlal Nehru National Solar Mission (JNNSM) to set up grid connected Solar PV Projects in India.
Speaking on the development Mr. Hemant Tikoo, Executive Committee Member, Orange Renewable said, “The successful commissioning of our projects testifies our commitment andour relentless pursuit toaccomplish company’s roadmap for future growth.It is immensely gratifying to bring value and positive impact on the lives of many through sustainable clean energy solutions.”
Commenting further Mr. Naresh Mansukhani, CEO Solar Business said,“We are delighted with this new development that indisputably demonstrates our focus on project development and execution capabilities in building clean energy assets.It’s our first step towards providing areliable and consistent supply of power to the growing needs of the country.”
Orange Renewable is estimated to generate power supply for approx. 1,75,000 homes and GHGreduction /emission reduction of approx. 1,744,232 tCO2.
The projects are deployed using best in class technology from the super league suppliers, state of the art engineering and special focus on safety and quality.
About Orange Renewable, India ( www.orangerenewable.net )
Headquartered in New Delhi, Orange Renewable is a developer and operator of renewable energy projects. A 100% subsidiary of AT Holdings Pte. Ltd, Singapore, Orange Renewable Power is focused on developing, constructing and operating renewable energy projects in the field of wind and solar across India with existing presence in Andhra Pradesh, Madhya Pradesh, Gujarat, Maharashtra and Rajasthan.
AT Holdings Pte Ltd, Singapore (www.atcapital.com.sg)
Headquartered in Singapore, AT Capital Group was founded by Mr. Arvind Tiku. AT Capital Group has an asset portfolio worth approximately US$2.5 billion. Its global portfolio includes investments in residential and commercial real estate, hospitality, natural resources, renewable energy, engineering and construction.