Hartek Power bags 330 Mw solar power projects
The company has set a target of executing EPC for 500-Mw solar power projects to the grid in financial year 2016-17
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The company has set a target of executing EPC for 500-Mw solar power projects to the grid in financial year 2016-17
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Specialising in executing high-voltage turnkey substations and power infrastructure projects, Hartek Power will provide complete turnkey solutions for these projects and execute post-inverter works covering the design, engineering, supply, installation, automation and commissioning of the power plant electrification. "
Known for its expertise in executing solar EPC projects, Hartek Power has installed substations for 258-Mw solar projects since it entered the business three years ago. Going by the sizeable orders bagged by it this time, the company has raised the bar and set a target of connecting 500-MW solar projects to the grid in FY 2016-17", said Hartek Singh, Chairman and Managing Director of the company.
Entering the solar EPC domain in 2013, Hartek Power commissioned substations for 45-Mw solar projects in the very first year.
In the following year (2014-15), the company executed EPC orders for 90-Mw solar projects, taking the figure to 135 Mw, a threefold increase.
Hartek Power further consolidated its position in FY 2015-16 by providing grid connectivity to 123-Mw solar projects spread across Punjab, Rajasthan, Andhra Pradesh, Bihar and Karnataka, thus enabling the company to register a nearly two-fold increase as compared to the overall figure in the previous year.India's installed solar generation capacity has gone up from 2.5 Gw to 7 Gw in a matter of just two years, offering a huge scope for growth to firms like Hartek Power, he added.
First Published: Jul 06 2016 | 5:46 PM IST