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Distributed solar rooftop energy company, Fourth Partner Energy, has commissioned eight solar projects with a capacity of 3116 kWp in Telangana under Solar Energy Corporation of India (SECI) rooftop scheme.
This is part of the effort to increase renewable energy adoption across government offices under the 1000 MWp Grid-Connected Rooftop Solar PV System Scheme.
The projects have been implemented across National Institute of Technology, Warangal, Prof. Jayashankar Telangana State Agricultural University, Central Research Institute for Dryland Agriculture and select Bharat Sanchar Nigam Limited (BSNL) and Central Reserve Police Force (CRPF) offices.
Vivek Subramanian, Co-Founder & ED, Fourth Partner Energy said, “These projects will just not result in cost savings for the clients but also cut Carbon emissions by around 4500 tons annually, equivalent to planting over 2 lakh trees in India’s youngest state.”
In Telangana, the scheme provides for government offices to switch to solar power at zero capital costs, and avail electricity at a flat rate of Rs 3.14/unit for 25 years. This will eventually result in average savings of 50-60 per cent in their cost of power consumption.
The largest of these SECI projects is at NIT, Warangal with an operational capacity of 1000 kWp.
The Hyderabad-based company has commissioned close to 40 projects in Telangana with an installed capacity of around 9000 KWp, including plants at Raj Bhavan, Salarjung Museum and Symbiosis University’s Hyderabad campus.
Under SECI’s 1000 MWp rooftop scheme, Fourth Partner has executed projects worth 13 MW across 32 sites in various States.
The company has an installed capacity of 160 MWp across 23 states and is targeting scaling up total capacity to 400 MWp this fiscal. Fourth Partner Energy is backed by TPG’s The Rise Fund which invested $70mn in the firm, last June.
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