Vikram Solar commissions 5 MW solar plant for state-owned Bharat Dynamics Limited

The plant was conceived under viability gap funding scheme for Ministry of Defence establishment to set up 300 MW of grid-connected and off-grid solar power projects at their locations.

August 6, 2019 Uma Gupta

Under the '300 MW solar by defence establishments' scheme, developers selected on the basis of bids for minimum VGF requirement are required to supply solar power at Rs 5.50/KWh for 25 years.

Image Credit: Sembcorp

Vikram Solar—a module manufacturer and EPC contractor—has set up a 5 MW solar power project for state-owned defence equipment manufacturer Bharat Dynamics Limited with Solar Energy Corporation of India as the project consultant.

The plant, located in Hyderabad, was recently inaugurated by defence minister Rajnath Singh. It is expected to generate 79,00,000 units of energy annually and would be used by Bharat Dynamics Limited for captive consumption at their Kanchanbag Unit.

Speaking on the occasion, Vikram Solar’s EPC business unit head Kuldeep Kumar Jain said that the solar power plant was perceived under ‘300 MW Ministry of Defence Scheme’ with viability gap funding.

The 5 MW project uses 20,928 numbers of 265 Wp and 270 Wp solar modules powering the whole unit.

The 300 MW scheme for Ministry of Defence establishments stipulates that all PV cells and modules used in the solar plants set up under this scheme will be made in India. The scheme provides Ministry of New and Renewable Energy with an amount of Rs750 crore from the National Clean Energy Fund.

Vikram Solar has EPC portfolio of over 1040 MW (including commissioned and under-execution capacity). Its annual PV module production capacity stands at 1.1 GW.

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