Rajasthan
Solar Energy Project in Rajasthan
- 05 Apr 2024
- 2 min read
Why in News?
Recently, UltraTech Cement Ltd announced the completion of a 100-megawatt (MW) solar energy project under the Group Captive Scheme in Rajasthan.
- This is the company's first project to source power for its captive consumption from the inter-state transmission network.
Key Points
- Power from this project will be available to the company’s units in Rajasthan, Gujarat, Himachal Pradesh, Tamil Nadu, Odisha among others.
- The company now has a capacity of 612 MW of renewable power and 278 MW of Waste Heat Recovery System (WHRS).
- WHRSs are revolutionary energy-saving power generation systems that recover and reuse energy from the main engine's exhaust gas.
- The company now has a capacity of 612 MW of renewable power and 278 MW of Waste Heat Recovery System (WHRS).
- UltraTech Cement has committed to increasing its green power mix to 85% by 2030, and the project reaffirms its dedication to innovation, sustainability, and the pursuit of a brighter, cleaner future for all.
The Group Captive Scheme
- It is a Power purchase mechanism which involves individuals or groups establishing a power plant to buy electricity specifically for their own use.
- These captive users must collectively own a minimum of 26% of the power plant and consume a minimum of 51% of the generated electricity annually, based on their proportional ownership shares, with a variation not exceeding 10%.
