Waaree Energies, solar PV manufacturer and EPC player, has associated with Raymond Group, a fashion retailing space, to provide open access solar solution in Ahmednagar, Maharashtra. The open access plant was commissioned with 26 percent ownership by Raymond.

The plant with a capacity of 2.5 MW is expected to reduce carbon dioxide emission by around 3,650 tpa.

In a first of its kind in Maharashtra, the commissioned plant has been developed under the group captive model and will have a solar electricity generation capacity of 38 lakh units per year.

Waaree Energies serves as a Turnkey Engineering Procurement and Construction (EPC) partner to the brand.

Due to part ownership of the plant, users can avail of energy at an approximate average of Rs 1.5 per unit, which only includes the distribution loss, wheeling and banking charges, as against Rs four per unit in case of captive plants.

here is company details.

 

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