State-owned Singareni Collieries Company Limited (SCCL) inaugurated 37 MW solar plant at Kothagudem, Telangana.
The installation of the third phase of the plan should be completed by this year-end said the SCCL Chairman and Managing Director N Sridhar.
He said the Singareni was installing solar plants as part of environment protection measures and with this initiative, almost 120 crore rupees are being saved.
According to Sridhar, the Singareni has decided to install 13 plants to generate 300 megawatts of power in eight of its areas. The installation of these plants would be completed in three phases. In the first phase, the BHEL got the contract to complete power plants in four areas for 129 megawatts of power generation. Out of this, 40 megawatts in RG-3, 30 megawatts in Manuguru, 39 megawatts in Yellandu and 10 megawatts plant in STPP area have already started power generation.
The balance 10 megawatts plant installation in this phase at RG-3 would be completed in a month.
The Singareni was the first coal company to enter into the solar power sector along with thermal power.
The company has saved Rs.75 crore till now. “Once 300 megawatts power generation is completed, the Singareni will be saving Rs 120 crore per year,” said Sridhar.