MILAN, June 30 (Class Editori) -- Enel wins its first solar plant in India. Enel Green Power (Egp), through its local renewable energy subsidiary, Egp India will sign a 25-year energy supply contract for a 420 MW solar project in the state of Rajasthan.
The award took place within the 2 GW Ninth Tranche of the national tender for solar energy launched by the Solar Energy Corporation of India (Seci).
"India represents an important market in a strategic geography for our company, as it boasts a wealth of renewable resources and a highly competitive context which is joined by a growing demand for energy", explained the CEO of Enel Green Power, Antonio Cammisecra. "We are proud to strengthen our presence in India with our first solar project, as we continue to contribute to the achievement of the country's sustainable energy goals, while providing clean energy with the most advanced technologies".
The construction of the solar plant, which is expected to be operational by the end of 2021, will involve an investment of approximately $ 180 million. Under the contract, the solar project will supply the specified volumes of energy to Seci for a period of 25 years. The plant will generate more than 750 GWh of renewable energy per year, enough to avoid the annual emission of approximately 681,600 tons of CO2 into the atmosphere.
The project, explains a note, will help the Indian government to achieve its renewable energy goals, in the path towards achieving by 2022 an energy production capacity of 100 GW of solar energy and 60 GW of wind energy, compared to today's 35 GW of solar energy and 38 GW of wind energy today.
(Source: Class Editori)
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