Tuesday, September 17, 2019

Fourth Partner Energy executes 10-MW solar plant project for Bharathi Cement

New Delhi: Bharathi Cement on Monday said it has commissioned a 10-megawatt (MW) solar power plant in its manufacturing facility at Kadapa in Andhra Pradesh. The project is executed by Hyderabad-based Fourth Partner Energy.

The plant aims to generate close to 1.6 crore units of electricity annually and help reduce Bharathi’s overall energy costs by reducing its reliance on thermal power.

The Vicat Group, a French construction conglomerate, owns 51 per cent stake in Bharathi Cement and operates the facility.

“With this solar plant, we have reduced our dependence on thermal power and have fulfilled our internal solar renewable purchase obligation," said Anoop Kumar Saxena, chief executive officer, Vicat India, a subsidiary of the Vicat Group and Bharathi Cement.

Speaking about the experience of installing large-scale solar plants in AP, Vivek Subramanian, co-founder, Fourth Partner Energy said that they have executed over 20 projects in the state for clients such as Walmart, Andhra Bank, D-Mart and Visakhapatnam Smart City.

He further added that his company will continue to work with the government and businesses to help achieve the state's target to add 5 gigawatt of solar capacity by 2024.

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