New Delhi, Sep 2 (PTI) KNY Projects and Electrotech have signed a memorandum of understanding to jointly develop and commission up to 200 MW of solar power plants across India, a statement said on Tuesday.
Under the MoU, Electrotech will supply advanced solar modules, inverters, and other core equipment, whereas KNY Projects will lead as developer & independent power producer (IPP) overseeing project development, EPC execution and long-term operations, the statement said.
The solar plants of up to 200 MW capacity will come up in Rajasthan, Uttar Pradesh and Madhya Pradesh, Adarsh Ladda, Director, Electrotech (P) Ltd, said.
The plants are expected to generate over 360 million kilowatt-hours annually and are targeted for commissioning over the next 18–24 months, contributing to India’s 500 GW renewable energy capacity target by 2030.
Shaurya Yadav, Executive Director, KNY Projects stated, “KNY Projects is honored to lead this initiative as developer & IPP, ensuring on-time delivery and operational excellence while catalyzing growth in Rajasthan, Madhya Pradesh, and Uttar Pradesh.” PTI ABI KKS MR
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