Home India Hartek Power eyes 500-MW substation orders in three states
Hartek Power eyes 500-MW substation orders in three states

Hartek Power eyes 500-MW substation orders in three states

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Solar solutions provider Hartek Power expects orders of setting 500 MW of substations in states like Andhra Pradesh, Telangana and Karnataka in the next fiscal. “Considering the growing opportunities in the South, we are going all out to consolidate our operations in Andhra Pradesh, Telangana and Karnataka by targeting substation orders for at least 500-MW solar projects from these states in the next financial year,” company’s Chairman and Managing Director Hartek Singh said in a statement issued here. A total of 3,000 MW tenders are under execution in Andhra Pradesh, Telangana and Karnataka, presenting huge business opportunities, he said.

“With southern states pressing the pedal on solar projects, we are also setting higher targets accordingly, he said. Singh also said out of 500 MW of solar power project the company is aiming to connect to the grid in the current financial year, southern states will account for at least 150 MW, or about 30 per cent. “We have set a target of 1,000 MW for the next fiscal, out of which 50 per cent, or 500 MW, will come from these southern states, a threefold increase as compared to 2016-17,” he said. Hartek Power has currently installed substations for 258 MW solar projects. Out of this, 70 MW, or nearly 27 per cent, came from south India. PTI PSK NRB ABI .

Source:PTI

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Anand Gupta Editor - EQ Int'l Media Network

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