LFF in partnership with Solar EPC and turnkey provider Viswa Surya Energy Solutions is installing and commissioning a 1 MW Solar Power Plant in the District of Vijayanagaram on an expandable basis.
The Solar plant coming up is expected to reduce the electricity burden of small consumers or a large industrial consumer. With the state of art technology being used in the EPC of the project, the project finds itself unique in terms of the generation efficiency, cooling techniques and also the structural aspects. Our structural designing and optimization have made it possible to construct a plant within 3.5 acres thereby creating yet another unique feature in the EPC and turnkey business of Solar. With almost a guaranteed generation of 18 Lakh Units in a year, the average revenue savings an industrial consumer would be 1.3 Crore INR in a year.
The project is also being constructed keeping in mind the Renewable Energy Certificate Trading. The RECs would be traded across the exchange on the last Wednesday of the month and thereby guaranteeing a further revenue of 1.7 Crore INR. The projects aims at sustainability and diversification of LFF Group and also the necessity to incorporate Renewable Power in the current Power scenario. With situations favoring the need for an alternative continuous power supply, solar energy can be utilized as the future power generation.
One small step of our JV will reduce the electricity burden of a consumer for the next 25 years and is a huge step for emerging India.