Krishanveer Forge has awarded a work order to HYSOLWIN GREEN POWER SOLUTIONS LLP (HYSOLWIN) for setting up of Solar Power Plant of a 1.0 MWp (DC) capacity, single-access tracker. This plant will operate on a captive open access model and will be situated at Mahim in the district of Solapur, Maharashtra.
The installation is expected to be completed within 5 months, with a subsequent 1-month stabilization period. The total EPC amount for the solar power plant is Rs 3.85 crore plus taxes. The project will require around 3.5 acres of land.
The installation of a solar power plant will lead to a significant savings on electricity costs, which will directly add to the profitability of the company.
Krishanveer Forge is a leading Open Die Forging facility catering to the cross section of the industry from Oil and Gas to Infrastructure to Power transmission, mining and construction.
