Case of Maharashtra State Power Generation Co. Ltd. and Maharashtra State Electricity Distribution Co. Ltd. seeking approval for Adoption of Tariff rate of Rs 3.10/kWh for Long Term Procurement for 7 MW Solar Project under Mukhyamantri Saur Krishi Vaahini Yojana and for approval to the deviations sought in the Draft PSA and PPA.
Chandigarh-based Hartek Power Pvt Ltd, one of India’s fastest growing Engineering, Procurement and Construction (EPC) companies, has successfully connected 270-MW solar projects spread across Punjab, Uttar Pradesh and Karnataka to the grid. With the commissioning of these projects, the power systems EPC portfolio of Hartek Power has surpassed 500 MW in solar power projects. Cashing in on India’s solar overdrive to match its growth with that of the industry, Hartek Power has registered a phenomenal twofold growth in its power systems EPC business catering to solar plants in a span of nine months. From just 258 MW, as on March 31, 2016, the solar power system EPC projects executed by Hartek Power have now gone up to 528 MW.
Involving 11 substations of up to 132 KV, the 270-MW projects executed by Hartek Power included a 150-MW project in Muktsar district of Punjab, a 70-MW project in Mahoba district of Uttar Pradesh and a 50-MW project in Ittagi district of Karnataka. The scope of work of these projects, which were completed in just five months, included complete turnkey solutions of post-inverter works covering the design, engineering, supply, installation, automation and commissioning of the power plant electrification. Hailing the achievement, Hartek Group Chairman and Managing Director (CMD) Hartek Singh said, “The power systems business unit of the Hartek Group has done incredibly well. We owe our success to our unflinching commitment to quality and timely execution of projects. We have won the trust of key developers by creating immense value for them in terms of unmatched expertise and services. These are the factors that have enabled us to emerge as one of the fastest growing EPC companies in the Indian solar space.”
A pan-India company with presence in 18 states which ventured into the solar power systems domain just three years ago, Hartek Power is focusing on South India and new geographies like Jharkhand to consolidate its position. “At the same time, we are strengthening our hold in states like Punjab where we have traditionally been doing well. In fact, out of the 500-MW solar projects awarded by the Punjab government in the Phase 3 auction, Hartek Power has bagged orders for 200-MW projects, which comes to 40%,” said the Hartek Group CMD. India’s installed solar generation capacity has gone up by four times from 2.5 GW to 10 GW in less than three years, offering huge opportunities for growth to firms like Hartek Power.