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Hon’ble speaker, Lok Sabha inaugurates solar power plant to lit up Heart of India’s democracy
New Delhi, 9th August, 2011; Lanco Solar, a fully owned subsidiary of Lanco Infratech Limited – the fastest growing business conglomerates in India with interests in power, construction & EPC, infrastructure and renewable, today announced that 80KwP Grid Connected Solar Photovoltaic Power Plant at the Parliament House Complex commissioned by Lanco Solar today Inaugurated by Smt. Meira Kumar Hon’ble Speaker, Lok Sabha, In the presence of Dr. Farooq Abdullah, Hon’ble Union Minister for New & Renewable Energy, Govt of India.
India’s Parliament House is the hub of policy and politics in the country. It sees Ministers from all states and constituencies who chart the future course of the country by debating and deciding on matters of public policy. Therefore when the Government wanted to highlight green sources of energy, LANCO Solar Energy Pvt. Ltd was selected to set up and operate an 80 KwP solar power plant in the Parliament Annexe. Their Rooftop PV energy solution has been running successfully for over four months now, and generatesupto 400 units of electricity on a daily basis. It has become a showcase of how green energies can be harnessed as a solution to India’s growing power problem.
“Heart of India’s democracy lit up by solar energy, we are very excited successful commissioning of this project by Lanco Solar, lot of efforts have been done to complete this project as this was most prestigious project of Lanco Solar.”said Mr.V Saibaba, Chief Executive Officer, LANCO Solar Energy Pvt. Ltd
LANCO Solar was awarded the contract to build, operate and maintain an 80 KwP Solar Photovoltaic Rooftop Power Plant in the Parliament House Annexe by the Punjab Energy Development Agency or PEDA, which was the nodal agency under the guidance of MNRE.
“This is one project where I have practically seen that clear timelines were set by the Ministry for the project. I would like to take this opportunity and thanks PEDA & MNRE for selecting Lanco for this prestigious project for our country”, says V Saibaba, Chief Executive Officer, LANCO Solar Energy Pvt. Ltd.
Benefits
The installation of the solar plant in the Parliament House Estate meets many criteria considering its unique location and thus serves many purposes.
This prestigious rooftop project is very visible to policy makers from all over the country who can replicate this model at the state and local levels.
It serves as a showcase of how green energy can be used in various government projects as a viable option while constructing residential and commercial spaces. Lanco has already signed a power purchase agreement for 35 MW solar PV project in Gujarat under the state power policy. This is one of the largest such projects in Gujarat and in India. Out of this 5 MW has already been successfully completed. It is also building a 75 MW crystalline based solar PV power project in Dhule district, Maharashtra. This is in line with LANCO’s aspiration of emerging as the leading developer and turnkey EPC service provider in the country. 100 MW of solar thermal in Rajasthan is under development by Lanco Solar.
The entire estate is well known and recognized for its aesthetic elements. The style of architecture is modern, functional and dignified. The solar plant blends in with the aesthetics of the area.
Being highly visible in the public eye, the rooftop PV plant will attract considerable attention and contribute to increasing awareness of conservation of power and environmental responsibility. LANCO also sees a great future in the rooftop solar market as it provides consumers the opportunity to generate energy wherever they are. According to V Saibaba, CEO, LANCO Solar Energy Pvt. Ltd., “The rooftop projects are a small capacity power plant sitting on the roof of a house which is going to be the reality going forward into the future.
Lanco Solar is a 100% subsidiary of Lanco Infratech Limited, with an aim to provide sustainable, innovative and cost effective solutions across the entire Solar Power Value Chain. It is setting up India’s first integrated solar manufacturing SEZ at Chattisgarh for manufacture of polysilicon ingots, wafers and modules. The Company is one of the largest solar power players in the country today with a robust pipeline of more than 300 MW including own projects and EPC services to other developers.
The company is also active internationally with presence across 8 countries and pursuing project development.
About Lanco – Lanco Infratech Limited is one of the fastest growing business conglomerates in India. Lanco Infratech has subsidiaries and divisions across a synergistic span of verticals. These include EPC, Power, Infrastructure, Solar and Natural Resources. Lanco Infratech’s projects, operational and underway, are spread across India. At present, the power portfolio includes an installed capacity of 3,292 MW. The EPC division of the company is executing various orders worth more than Rs 309 billion. The company is developing roads of around 440 Kms of National Highways on BOT basis. A member of UN Global Compact, Lanco Infratech is recognised for its Corporate Social Responsibility initiatives led by the Lanco Foundation.
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