Yinson Renewables (YR), through its indirect subsidiary, Rising Sun Energy K Private Limited (RSEK), said it had started commercial operations for its Nokh Solar Park (Nokh) in Rajasthan, India from today (Nov 3).
The park is now exporting power to the Rajasthan power grid, aligning with the Indian government’s ‘National Solar Mission’.
The 285 MWp solar project is YR’s largest operating solar project and its third operational asset in India.
YR chief executive officer David Brunt said it is proud to deliver thissolar project for India, demonstrating the commitment and solution-driven mindset of the team.
“This achievement is notable given the very challenging business environment it was delivered under, including a global economic slowdown following the covid pandemic.
“The delivery of Nokh Solar Park further establishes YR’s footprint in India. We look forward to contributing to the development of one of the world’s fastest-growing economies through the provision of clean and reliable energy,” he said.
RSEK founder and chief executive officer Arunav Sharma said its team was able to leverage synergies and experience gained from the Bhadla Solar park projects to successfully deliver the Nokh project.
“We are confident that we can continue upholding our strong track record of performance in India and we believe that we are even more strongly positioned now for future opportunities in supporting India’s renewable energy target of achieving 500 GW by 2030,” he said.
The park generates enough energy to power approximately 38,000 Indian households every year while reducing carbon emission reduction of approximately 470,000 tonnes of carbon dioxide per year.
RSEK has a 25-year power purchase agreement with NTPC Limited (NPTC), majority-owned by the Government of India and India’s largest power utility company, for the power from the Nokh project. NTPC,
YR also owns and operates 175 MWp (2×87.5) MWp Bhadla 1 and 2 Solar projects, located 33 km away, on a straight-line basis, from the Nokh site.