Cleanmax to invest Rs 600 cr to set up solar farm in Haryana
Energy solar solutions provider Cleanmax Solar is setting up 150 MW of solar farm under the group captive model in Haryana with an investment of Rs 600 crore, a senior company official said.
The solar farm will be developed in Sirsa district, on a stretch of 600 acres of land which is well situated for grid stability and to achieve high solar power generation.
"In line with our target to set up nearly 400 MW of solar capacity this fiscal, nearly 80 per cent would be met by private solar farms. We are developing this 150 MW project on group captive model as a part of this plan, which will entail an investment of around Rs 600 crore," Cleanmax Solar Co- Founder Andrew Hines told PTI here.
He said Cleanmax has received the sanction for the solar farms from the state's Renewable Energy Department (HAREDA) and in-principle feasibility from the state transmission company HVPNL earlier this year, based on its technical and financial eligibility.
Cleanmax has set a target to scale up its portfolio from the current over 500 MW to 2000 MW by 2022.
Cleanmax Solar has been the pioneer in this segment, having set up the largest group captive solar project for a single corporate consumer in 2017 in Tamil Nadu, he said.
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