Mahindra EPC Services Pvt. Ltd., 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.
“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.