KIOCL commissions 5 MW capacity solar power plant
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The plant is expected to generate 10 million Kwh of power per annum
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The plant is expected to generate 10 million Kwh of power per annum
The KIOCL commissioned a 5 MW capacity solar power plant at Kathrikehal village, Chikkanayakanahalli in Tumakuru district recently. The power generated in the plant, set up at an estimated cost of ₹24.44 crores, is being consumed in the pellet plant of the company in Mangaluru.
The plant is expected to generate 10 million Kwh of power per annum. The estimated savings to the company from the plant is ₹ 6.2 crores per annum and the payback period is four years eight months. The estimated life cycle of the plant will be 25 years, a release from the company quoted its Chairman and Managing Director M. V. Subba Rao as saying.