Published On:December 8 2023
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Hira Ferro Alloys Ltd Commissions 22 MWp Solar PV Power Plant

Hira Ferro Alloys Limited, a subsidiary of Godawari Power & Ispat Limited, has successfully commissioned a 22 MWp Captive Solar PV Power Plant, marking a significant step towards its proposed capacity of 55MWp. The newly commissioned plant has been synchronized with the grid, following the earlier commissioning of a 30 MWp Solar PV Power Plant on March 29, 2023. With this development, a total of 52 MWp out of the proposed 55 MWp capacity has been commissioned to date.

Originally planning a 60 MW Captive Solar PV Power Plant in Bemetra, the company revised the proposed capacity to 55MWp. The current commissioning of 52 MWp is attributed to the unavailability of contiguous land. Hira Ferro Alloys Limited is actively pursuing efforts to acquire the necessary land for the remaining 8 MWp capacity, with plans to install and commission it in due course upon land acquisition.

The power generated by the Solar Power Plant will be consumed internally by HFAL, contributing to the company's sustainability goals by supporting green initiatives and reducing carbon footprints. Additionally, this initiative is expected to result in cost savings on power and enhance the overall profitability of the company.

EQUITYBULLS





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