Hindusthan Samachar
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Huge demand for solar energy growing in India at affordable cost

By HindusthanSamachar | Publish Date: Apr 9 2019 5:25PM
Huge demand for solar energy growing in India at affordable cost
Kolkata, Apr.9 (HS): Waarees Energies Limited, the country''s largest solar PV manufacturer having presence in 14 states, is setting up their third manufacturing plant in Kolkata by next month in an effort to jack up their production capacity from 15 to 25 megawatt in the state by next year and meet the 100 per cent growth in demand. Claiming this Waaree Energies,Senior Vice President Nitin Kapadnis told Hindusthan Samachar here today, following the tremendous growth in demand for the installation of mainly roof top solar power units in West Bengal and several other states in Eastern India like Bihar, Jharkhand, Assam and Odisha, they had decided to set up their third state of the art plant on the outskirt of the ''city of joy'' after the two presently running units at full capacity in Surat and Chunar, to help increase their volume of production in this part of the country. Without naming his joint collaborative partners for the Kolkata unit through a franchise model, Kapadnis said apart from almost doubling their capacity, when commissioned within the next one month, it would also go a long way towards increasing their business volume in Eastern India from around Rs 15 to 20 crore last year to at least Rs 60 to 65 crores within the next one year. ''After the installation and in cooperation with the West Bengal government we are planning to reach a large number of villages and small towns across the state for the installation of solar power units in the form of household lights and street lights there in large number'', he said. ''Till last year we have provided such units to as many as 117 villages in about 14 districts, Kapadnis said and hoped to reach all the 23 districts by next year covering nearly 1,000 such villages and small towns in Bengal and other parts of Eastern India. But when his attention was drawn to the absence of any government policy in Bengal in terms of the introduction of solar panels and power units at hugely subsidized rates in many more school and government buildings to reduce the cost of electricity by at least 50 per cent every month, Kapadnis hoped that following the Lok Sabha elections such a policy would be formulated by the state government to the benefits of millions of consumers. To a related query, he however, admitted that a number of several other states like Maharashtra,Rajasthan, Haryana, Gujarat, Madhaya Pradesh,Chattisgarh,Karnataka and Tamil Nadu had already announced their own power policy to provide the maximum benefits to their consumers at hugely subsidized rates. Turning his attention to the all India scenario of Waarees Energies, its Senior VP said though their current production was increased to 1.5 gigawatts from 590 megawatts earlier, they hoped to improve to at least 2 gigawatts by next year to meet a substantial portion of the national demand for solar power. Hindusthan Samachar/Ankur/Pramod \
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