Viraj Profiles and Avaada Commission 130 MW DC solar power plant in Soyagaon
By EPR Magazine Editorial July 10, 2024 1:56 pm
By EPR Magazine Editorial July 10, 2024 1:56 pm
The completion of the project highlights Viraj Profiles’ current focus on sustainability and renewable energy sources, setting a new standard for India’s steel industry.
In a landmark development, Viraj Profiles Pvt Ltd. and Avaada have successfully commissioned their joint venture—the 130 MW DC solar power plant in Soyagaon, Maharashtra. With effective planning to achieve this milestone, Viraj Profiles signed up with Avaada to set up the solar power project in March 2023, with a target to transform 40 per cent of their energy usage to solar by mid-2024. Both partners worked towards the set goal with unwavering commitment.
Neeraj Raja Kochhar, CMD, Viraj Profiles, announced the commencement of generating and delivering power from the Solar Power Plant, effective from 00:00 hours on July 1, 2024. He thanked Vineet Mittal, CMD, Avaada Group, and his team for their collaborative effort in delivering the project effectively.
‘This project is the realisation of a dream we have nurtured for the last three years—to go green and use renewable solar power in all Viraj installations. This epitomises our dedication towards responsible and sustainable business,’ said Kochhar.’
Project highlights
The solar power project, spread over approximately 350 acres, is designed with a 130 MW DC capacity to generate 200 million units of green energy annually. The project has an approximate lifespan of 25 years, during which it can produce 5,000 million units of green energy. This massive energy supply indicates that the project can reduce dependence on traditional energy resources.
The environmental benefits are equally impressive. In a year, the project will save 17,196 MTOE (metric tons of oil equivalent) and reduce emissions by 77,110 tons of CO2 per year, equivalent to planting 3,547,089 trees annually.Over 25 years, these savings and reductions will scale dramatically:
The total green energy generation is 5,000 million units, while conventional electrical energy saved equals 429,900 MTOE (equivalent to 3,115,217 barrels of oil). This results in a reduction of 1,927,750 tons of CO2 emissions, equivalent to planting 88,677,225 trees.
A step towards a sustainable future
This solar power initiative showcases Viraj Profiles’ commitment toward sustainability, as it stands on the company’s larger objectives to reduce environmental impact and provide energy-efficient solutions. Using renewable energy sources to power operations at Viraj Profiles is part of the proactive measures that will help reduce its carbon footprint and build a culture of environmental stewardship.
This initiative is one of the pioneering actions, inspiring other industrial players to move toward sustainability and supporting India’s commitment to Net Zero. Viraj Profiles is keen on increasing the share of energy obtained from renewable sources with the growing development of technology and the evolution of regulatory frameworks to enhance the sustainability profile further.
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