Indian solar energy company Rays Power Infra Pvt Ltd has commissioned its 11.5 MW solar PV project in Telangana state, India. United News of India agency reports that the facility, which was commenced in January this year, has been completed within three months, which makes it one of the fastest commissioned PV projects in the country.
The 18.6 hectares large facility near Kalwakurthy town in Mahbubnagar district of Telangana has been developed by Rays Power Infras subsidiary Shining Sun Power.
In March, Rays Power Infra and USA-based Hilliard Energy announced that within 12 months they would jointly develop 150 MW of PV projects with the total investment of $130 million.
The solar facility in Mahbubnagar district is the first project completed under the announced partnership. The power generated by the plant will be sold to a distributed company in Telangana at a price of INR. 6.55 (US $0,1) per unit under a 25-years PPA.
The project is commissioned under Telangana’s Government Solar Park Policy for procuring 500 MW through a tariff-based competitive bidding process. It is expected to provide electricity for almost 30,000 households and save 12,000 tons of CO2 emissions every year.