Wins order for 60 MW solar power project
Hariom Pipe Industries (HPIL) has forayed into the renewable energy sector. Hariom Pipe Industries (HPIL) has received a Letter of Award from Maharashtra State Electricity Distribution Company for Solar Photovoltaic Power generating stations of an aggregate capacity of 60 MW(AC) under Mukhyamantri Saur Krushi Vahini Yojana 2.0 - a scheme launched for implementation of feeder level Solarization under Component C of PM Kusum Scheme.
The fixed PPA tariff for the 60 MW (AC) Solar Power capacity is Rs. 2.96/kWh for a period of 25 years at a subsidy of Rs. 1.05 Cr/MW. There is an additional incentive of Rs. 0.25/kWh for the first three years, upon the timely commissioning of the project.
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