Hindustan Shipyard Limited (HSL) has commenced production from Andhra Pradesh’s largest rooftop solar power plant.
The plant is built and operated by Clean Max. While there is no investment on the part of HSL, as per the agreement arrived at with Clean Max, the yard has to buy power from it for 25 years. Out of two megawatt capacity, one megawatt production has already started.
HSL is required to buy the generated power from Clean Max at a cost of ₹3.93 per unit as against ₹5.60 per unit for grid power bought from Eastern Power Distribution Company of AP Ltd.
This will enable HSL to save around ₹40 lakh per annum.
Reference- The hindu, TOI