Artha Energy starts expansion work of rooftop solar plant in Aurangabad

Artha Energy Resources (AER), a boutique investment bank and corporate advisory firm, has announced that it has started expansion work on its 165 KW rooftop solar power plant in Aurangabad, Maharashtra. The current capacity of the solar rooftop power plant stands at 100.4 KW which has been active since February 2019 while 64.5 KW will now be added under the expansion project. The expansion work for the solar rooftop project is for an auto component manufacturer based in Aurangabad, Maharashtra and is expected to be completed by 1st December 2020.

As part of the expansion work Longi 430 Wp Half-cut Mono PERC Modules with Sungrow 50 KW inverter will be installed. Currently, at 100.4 KW the plant generates around 1.5 lakh units annually, with the completion of expanded capacity of 64.5 KW it is expected to generate around 2.5 lakh units annually. With this new installation the auto component manufacturer is expected to save around Rs 17.5 lakh per year considering a tariff of Rs 7 per unit.

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