Mahindra EPC Successfully Commissions Two Solar Plants for Auto Consortium in Tamil Nadu
Mahindra
EPC successfully commissions two solar plants for auto consortium in Tamil Nadu
Mahindra EPC Services Pvt. Ltd., one of India’s largest Solar EPC players and a
part of the USD $16.2 billion Mahindra Group, has successfully commissioned two
solar plants for a consortium of automotive component manufacturers in Tamil
Nadu in a record-breaking 40 days. These include a 2.12 MW plant for M M
Forgings Ltd. and a 1.06 MW plant for Super Auto Forge Pvt. Ltd., which are
both located in Aruppukottai. In addition to these two companies, the
consortium consists of I.M. Gears, the Rane Group and Autotech Industries
(India) Pvt. Ltd.
When
these five firms first explored an investment in solar, their management teams
soon realized the scale benefits that could be achieved through collocating
clean energy assets – and ultimately formed a consortium to invest in solar
energy together. “At Super Auto Forge Pvt. Ltd., we are keenly interested in
promoting the use of captive renewable energy for our facilities – and we were
pleased that we, along with our four partners, could come together and develop
an innovative structure to make solar power an affordable reality,” said Murali
Shankar, Joint MD of Super Auto Forge Pvt. Ltd.
Given
the tough timeline and complexity of these projects, the consortium conducted a
thorough search of domestic and international EPCs to ensure the prompt and
cost-effective completion of the plants. Ultimately, the group selected
Mahindra EPC to undertake this project given its strong track record and its
commitment to building high-quality solar facilities. “In only forty days, Mahindra
EPC fully commissioned the plant – and we have been pleased with its results,”
said Vidyashankar Krishnan, Vice Chairman & MD, M M Forgings Ltd. Given
this initial success, the group looks forward to further developing solar
assets in Tamil Nadu in the coming years.
“With
the commissioning of our project in Tamil Nadu, we have reaffirmed our
commitment to be a leading pan-Indian EPC firm that is defined by on-time,
quality execution. We are excited by our entrance into Tamil Nadu, which we see
as a vibrant solar market with significant potential, and we are committed to
further expanding across the state,” said Basant Jain, CEO, Mahindra EPC.
“We
are pleased to see that this consortium approach was developed by several
well-respected companies to meet their energy needs – and we feel that it will
be this kind of innovative structuring that will promote solar across India as
the market continues to mature,” said Parag Shah, Managing Partner of Mahindra
Partners. “The Mahindra Group is committed to helping the renewable sector Rise
across India and we are proud of Mahindra EPC’s continued success.”
The
two solar plants will supply more than 4.78 million units of clean energy,
displacing nearly 3380 MT of CO2 annually, and were executed with
the support of TANGEDCO, TEDA, NCES, the TNERC and the Energy Fuel Association
of India.
Going
forward, Mahindra EPC will continue to execute world-class solar projects
across India, with over 200 MW planned over the next two years, and retain its
leadership position in country’s solar market.










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