Green Infra Limited (GIL), a leading renewable energy-focused power generation company sponsored by IDFC Private Equity, has commissioned its first 10 megawatt (Mw) solar photovoltaic (PV) power plant in Mervadar village of Rajkot. Company has invested about Rs 130 crore for the project.
With commissioning of the plant, Green Infra’s operating capacity would stand at 174 Mw, the company informed. GIL is on track to implement an additional 150 Mw by the end of this financial year, with a longer term plan to reach total generating capacity of 3,000 Mw by 2015 across several renewable energy sectors.
"The commissioning of our solar plant ahead of schedule underscores Green Infra’s exceptional execution capabilities. This solar PV plant is expected to generate 16 million units of energy annually, supplying electricity to over 4,000 homes and saving 12,000 tonnes of carbon emissions," said Shiv Nimbargi, MD and CEO of Green Infra.
This is the first and the fastest solar plant to be commissioned under the second phase of Gujarat’s solar policy, the company claimed.
Incubated by IDFC Private Equity funds in 2008, Green Infra currently has 164 Mw of operating assets under management in Tamil Nadu, Karnataka, Maharashtra and Gujarat.
It aims to have a diversified portfolio in the wind, solar, small hydro, bio-mass and energy efficiency sectors.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
