Bangalore, 13th January, 2012:
GMR Energy Limited (GEL) a subsidiary of GMR Infrastructure Limited is pleased to announce the commissioning of its first 25 MW Solar Power Plant at Patan district in Gujarat. This plant also marks GMR Group’s foray into the Renewable Energy space.
The 25 MW grid interactive Solar Power Project was executed through GMR Gujarat Solar Power Pvt. Ltd, a subsidiary of GMR Energy. The project was awarded in Oct 2010 under the Gujarat Solar Policy. This plant adopts the crystalline PV technology and is situated in the Solar Park set up by the Government of Gujarat, at Charanka village in Patan District. The Project was successfully commissioned on 31st Dec 2011 and holds the distinction of being the first amongst several projects coming up in Solar Park to be synchronized with the grid.
Power from this plant will be supplied to Gujarat Urja Vikas Nigam Ltd on a 25 year Power Purchase Agreement under the Gujarat State Solar Policy.
GMR Energy Limited, a flagship company of the GMR Group, has plans to enhance its Renewable energy portfolio by over 100 MW in the next two years.
Mr. Raaj Kumar, CEO GMR Energy Limited said, “The commissioning of one of India’s largest solar power projects is a significant step for the Company towards a balanced power portfolio. We wish to play a very responsible role as a power producer. Our power plants are energy efficient and ecofriendly”.
GMR Energy Limited is currently operating 808 MW. The Company is presently executing power projects of about 7500 MW capacity which includes 2200 MW of Hydro capacity. Out of this, 2500 MW capacity will become operational in 2012 through commissioning of Projects at Vemagiri in AP, Kamalanga in Orissa and Warora in Maharashtra.
About GMR Infrastructure Limited:
The Company is a Bangalore headquartered global infrastructure major with interests in Airports, Energy, Highways and Urban Infrastructure sectors. It has successfully employed the public-private partnership model to build a portfolio of high quality assets. The Company has 16 power generation assets of which 5 are operational and 11 are under various stages of implementation and 10 Road assets, of which 6 are operational and 4 are under construction. In the Airports sector, it has developed and commissioned the Greenfield International Airport at Hyderabad. The Company, besides operating the existing Delhi International Airport, has also built a brand new integrated terminal T3 which was commissioned in time for the Commonwealth Games in October 2010. It has also upgraded and is operating the Istanbul Sabiha Gökçen International Airport and has recently acquired the Ibrahim Nasir International Airport, Male. GMR Group is also committed to social development initiatives and executes these through its Corporate Social Responsibility arm, the GMR Varalakshmi Foundation which is present in 22 locations
For Further details, please contact:
Manager – Corporate Communications
Tel: 080 - 40432507
E V P & Group Head – Corporate Communications
Tel: 080 – 40432059
For further information about GMR Group, visit www.gmrgroup.in