Hartek Power ex­ceeds tar­get, bags over 1 GW so­lar grid EPC projects in 2016-17

Power Watch India - - DESPATCHES NATIONAL -

Hav­ing ex­ceeded its tar­get of con­nect­ing 500-MW so­lar projects to the grid, Hartek Power has bagged 1,025-MW so­lar grid EPC or­ders in 2016-17, thus reg­is­ter­ing a phe­nom­e­nal in­crease of 733% as com­pared to the com­pany’s or­der size in the pre­vi­ous year when it had se­cured just 123-MW or­ders. The 1,025-MW so­lar grid EPC projects won by the com­pany, which mark an eight-fold in­crease as com­pared to the com­pany’s or­der size in 2015-16, in­clude 30 sub­sta­tion projects of up to 220 KV spread across 10 states, in­clud­ing Pun­jab, Ra­jasthan, Te­lan­gana, Kar­nataka, Ma­ha­rash­tra, Ut­tar Pradesh, Delhi, Mad­hya Pradesh, Ch­hat­tis­garh and Bi­har. Spe­cial­is­ing in ex­e­cut­ing high-volt­age turnkey sub­sta­tions and power in­fra­struc­ture projects, Hartek Power will pro­vide com­plete turnkey so­lu­tions for these projects and ex­e­cute post-in­verter works cov­er­ing the de­sign, engi­neer­ing, sup­ply, in­stal­la­tion, au­to­ma­tion and com­mis­sion­ing of the power plant elec­tri­fi­ca­tion.

“Ag­gres­sively cap­i­tal­is­ing on In­dia’s so­lar over­drive, we have pre­vailed over many big play­ers to bag these or­ders. Given the favourable mar­ket sce­nario, the proac­tive ap­proach of the gov­ern­ment is push­ing so­lar power and our un­matched ex­per­tise in con­nect­ing so­lar projects to the grid, we have sur­passed the 500-MW tar­get quite smoothly,” said Hartek Power CMD Hartek Singh. Hav­ing con­nected 340 MW of so­lar power to the grid in 2016-17, the com­pany has com­mis­sioned sub­sta­tions for 598-MW so­lar projects so far. In con­trast, the com­pany had ex­e­cuted just 123-MW projects in 2015-16. In­ci­den­tally, it has ex­e­cuted more projects in 2016-17 than the pre­vi­ous three years put to­gether. The com­pany had con­nected 258 MW of so­lar power to the grid till 2015-16.

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