By: IPP Bureau
Last updated : December 22, 2022 8:34 pm
The project will generate and supply green energy to fulfill about 50% present consumption of the company
Supriya Lifescience has signed an agreement with Pune based Enrich Energy Pvt. Ltd. to develop 4.68 MWp DC Solar Photovoltaic Power project at Site Nanded, Maharashtra.
This project will generate and supply green energy to fulfill about 50% present consumption of the company and reduce carbon emission equivalent to 6,830 tons per annum.
The company has also signed a long-term agreement for Operations and Maintenance (O&M) services of this project with Enrich Group, which will be commencing from the commissioning of this project.
As a green initiative by Supriya Lifescience Ltd, the project will be operational in FY2023-24 and will result in substantial savings in operating cost of the company.