SunSource to Start Work on 70 MW Open Access Solar Project in UP

SunSource Energy is ready to begin work on its 70 MW solar power project under the open access scheme in the state of Uttar Pradesh.

SunSource Energy, a leading distributed solar energy company, has announced that it is ready to begin work on its 70 MW solar power project under the open access scheme in the state of Uttar Pradesh. The estimated cost of the project is Rs 300 crore.

The project was allocated under the UPERC CRE regulation, 2014. The power generated by this project will be sold through long term Power Purchase Agreements (PPAs) to commercial and industrial customers. Once commissioned, it will be one of the largest open access solar power projects in the State of Uttar Pradesh and will offset over 85,000 tons of carbon emissions every year.

The company had earlier signed an MOU with the Government of Uttar Pradesh to develop 200 MW solar projects in the state. The company recently won one of India’s largest solar with storage projects in Leh that will supply clean and stable power to the Military Engineer Services, a defense infrastructure development agency in India, by largely substituting their diesel Genset power. SunSource’s customers include large commercial companies, manufacturing companies, India’s largest oil company, airports, leading education institutes, textile companies and warehouses.

“This project is part of the 200 MW solar projects that the company has committed to developing in Uttar Pradesh with an estimated investment of Rs 900 crore. Through these projects, SunSource will also create over 1,000 direct employment opportunities,” the company said in a statement.

Adarsh Das, co-founder and CEO, SunSource, had earlier said that “with the launch of our first open access solar power project in the state, we are glad to contribute towards realisation of Uttar Pradesh’s clean energy targets.”

Kushagra Nandan, do-founder and president, SunSource, added “this win demonstrates our ability to deliver high-quality solar energy projects. Since inception, our innovative energy solutions have helped infrastructure, industrial and commercial customers across the globe to reduce their energy bills and limit their greenhouse gas emissions.”