Amara Raja Infra wins Greenko’s 700MWp Solar Project
Date: 20 Apr 2024
Amara
Raja Infra Private Limited (ARIPL), part of the $1.75 billion Amara Raja Group,
has achieved a significant milestone in the renewable energy sector by securing
a solar BoS project of 500MW/700MWp from Greenko.
This
project, spanning across a 2,200-acre site near Uyyalavada Town, Kurnool
District, Andhra Pradesh, marks ARIPL's largest capacity solar project to date,
establishing itself among leaders in the industry. This landmark project
contributes to ARIPL's order book, which totals Rs 1,516 crore for Q4 of FY’24.
The
project scope encompasses Engineering, Procurement and Construction of the
entire Balance of System (BoS) for the 700 MWp project, which is part of
Greenko’s Integrated Renewable Energy Project, conceived as the world’s first
and largest Gigawatt scale project with solar, wind and pumped storage
components.
Greenko
is a leading renewable energy company with 6.8GW+ operating capacity
constituting solar, wind, and hydro power projects across India.
“This
project from Greenko is a testament to tireless and dedicated efforts by our
team in the renewable energy space. We are proud that Greenko among other
noteworthy customers continue to choose Amara Raja as a preferred partner. We
have been able to scale significantly in a short amount of time, aided
predominantly by the level of credibility that we enjoy with our customers,”
said Vikramadithya Gourineni, Executive Director, ARIPL.
“Over
the past many years, we have proven ourselves as a trustworthy partner with
high integrity that underscores our unwavering commitment to delivering
critical projects as per customer timelines. This project from Greenko is an
opportunity for us to prove our worth once again in the ever-evolving solar
space,” added Dwarakanadha Reddy, Business Head, Amara Raja Infra (Power). This
milestone achievement adds to ARIPL’s revenue of Rs 1,756 crore for FY’24.