Sherisha Rooftop Solar SPV Four Pvt Ltd commissions 50 MW Solar PV Power Project

Sherisha Rooftop Solar SPV Four Private Limited (Solar Power Developer-SPD), a step-down subsidiary company of Refex Renewables & Infrastructure Limited, has implemented 50 MW Solar PV Power Generation Project at Charoda Village, Kumhari, Durg District, Bhilai, Chhattisgarh ("Project").

The Project was awarded by Railway Energy Management Company Limited (a joint venture (JV) company of Indian Railways and RITES Limited) and Power Purchase Agreement (PPA) was signed by South East Central Railway for 25 years.

In this Project, Solar Plant is designed with four inverter blocks, 33/220 kV power transformer and constructed a 220 kV GIS (Gas Insulator Sub-station) bay at Pooling Sub-Station which injects power at central grid. After verifying all compliance, Western Region Load Dispatch Centre (WRLDC) has given FTC (First Time Charging) approval on June 28, 2023 and power flow commenced from July 01, 2023.

The power generated shall be available for consumption by the Indian Railways. This Project reduces ~1 lakh tons CO2 emission annually and also yields ~₹373 crore of savings for 25 years to the Indian Railways.

This Project is part of the Indian Railways' consistent effort towards sustainability and becoming 'Net Zero Carbon Emitter' by 2030.

Refex Group is committed towards sustainable development in the field of green energy and continue to work along with the Indian Railways and other green energy initiatives of the Government of India.

Shares of Refex Renewables & Infrastructure Limited was last trading in BSE at Rs. 448.00 as compared to the previous close of Rs. 440.00. The total number of shares traded during the day was 889 in over 15 trades.

The stock hit an intraday high of Rs. 452.00 and intraday low of 446.00. The net turnover during the day was Rs. 400322.00.

Source : Equity Bulls

Keywords

RefexRenewablesandInfrastructure INE332F01018 SherishaRooftopSolar 50MW SolarPVPowerProject