Hindustan Power Expands Presence In Japan, Acquires 15 Solar Plants
One of the leading independent power producers in the country, Hindustan Power has acquired 15 solar power projects in Japan with a combined capacity of 150 Mw. The company, which also operates in other international markets. aims to touch 2 Gw of global power generation capacity by 2022.
In the past decade, Hindustan Power has executed several international projects such as a 25-Mw solar power plant in Lauta, Germany, world’s largest greenhouse rooftop in Sardinia, and some other projects in the UK and the US. The firm Hindustan Power was recognised as the largest solar developer in Britain, in the years 2012 and 2013.
Hindustan Power has a cumulative solar capacity is 800-Mw including the domestic projects.
“We have invested close to Rs 3,000 crore till yet and the target of 2-Gw would entail an investment of Rs 10,000 crore. We believe that our successful foray will encourage more players from India to expand its operations in the international markets thereby allowing India to emerge as a solar powerhouse,” said Ratul Puri, chairman, Hindustan Power.
The company would also soon enter Bangladesh with 4×25 Mw solar projects.