Extracts from Annual Report of the Company for the Financial Year 2022-23
Snippets from AR
Through bilateral Power Purchase Agreements (PPAs), we supply the
electricity produced by our solar power plants to renowned business houses.
Companies reduce their electricity costs through captive solar
plants, whose cost per unit is lessthan that from DISCOM.
Hybrid Model : We have ventured into a hybrid
model of solar and wind energy,
which helps with grid stability.
The hybrid model brings both
solar and wind energy together
to provide a more reliable,
efficient and sustainable
approach to renewable energy
generation. This model also
enables the commercial
optimisation of transmission
charges and the effective
utilisation of grid capacity. We
have added new locations and
increased our capacity from 165
MW to over 300 MW. Our aim is
to enhance this hybrid model in
the future, as it is very beneficial
when it comes to cost efficiency
or effective energy generation.
Technological Insights → Bifacial solar panels
Bifacial solar panels help us generate
electricity from both sides of the
modules by capturing sunlight from
the front and reflected light from
the rear side. They provide us with
higher energy yields, as compared
to the mono-facial panels and we
carefully plan their layout and design
to maximise the benefits
Single axis tracker →
We use single-axis trackers to
optimise the efficiency of solar
panels by maximising their exposure
to sunlight throughout the day. A
single-axis tracker is a device that
allows solar panels to follow the
trajectory of the Sun from the East
to West, as the Sun moves across
the sky. This tracking capability
enables the solar panels to maintain
an optimal angle relative to the sun,
which results in an increase in energy
generation by more than 15%
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