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