Pondicherry’s first solar project to be powered by Waaree Energies

The plant is expected to generate 1,75,00,000 KWH of solar electricity in a year bringing down power costs and relieves the tariff burden on households.

Waaree Energies, one of the leading solar manufacturers, fuelling the country to spearhead the green-power revolution has commissioned a large-scale10 MWp solar power project in Pondicherry. This first and only solar plant in the city will supply power to Pondicherry Electricity Grid and Pondicherry Electric Department. Financed by IREDA, the project has installed 37,920 Waaree Solar Modules and EPC has been led by Waaree Energies. With an agreement under the LTOA scheme, Waaree has signed a 25 year-long PPA with Chemfab Alkalies.

This reinforces Waaree’s position as a frontrunner in transforming cities towards attaining clean energy solutions while giving impetus to a sustainable future. This also aids the government’s vision of making Pondicherry India’s pilot solar city with an aim to drive the Atma Nirbhar Bharat initiative.

The plant is expected to generate 17500000 KWH of solar electricity in a year bringing down power costs and thus relieving the tariff burden on households and ensuring a tremendous value proposition for industries located in the city. This will also power smaller towns and make green electricity accessible even to the remotest areas of Pondicherry. Additionally, it will make the South city carbon-neutral, which will facilitate and spur continued growth among segments largely in the tourism circuit.

Commenting on the launch, Mr. Viren Doshi, Director, Waaree Energies said, “We are honored to be partnering with the Pondicherry Energy Department and the Pondicherry Electricity Grid to enable the union territory to build a solar efficient future. With India on the brink of a solar-powered revolution, this move will potentially contribute to the country’s vision of achieving 175 GW by 2022. Furthermore, it will propel the overall development of Pondicherry and also scale new heights in making solar a mainstream source of energy in the country. We will continue to be committed to providing high quality and cost-effective sustainable energy solutions to our country.”

Waaree Energies Ltd. is the flagship company of Waaree Group and has the country’s largest Solar PV Module manufacturing capacity of 2 GW. In addition, it is one of leading players in India in EPC services, project development, rooftop solutions, solar water pumps, and as an Independent Power Producer. Waaree has its presence in over 350+ locations nationally and 68 countries globally.