TEPSOL aims to deliver energy cost savings and reduce the carbon footprint with the aid of Karnataka Renewable Energy Development Ltd
TEPSOL Projects, a joint venture of Think Energy and EverStream Capital has won 80 MW of solar projects from Karnataka Renewable Energy Development Ltd (KREDL). The company is also in talks to set up another 30,000 kWp of rooftop projects in 200 sites across several states in the next six months.
Ravishankar Tumuluri, Managing Director and Chief Executive Officer (CEO), TEPSOL, said that the company’s partnership with KREDL aimed at delivering energy cost savings and reducing their carbon footprint. It would additionally also deal with solar PV solutions for clients in commercial and industrial spaces.
TEPSOL has commissioned nearly 11,000 kW of rooftop solar photo-voltaic projects over 100 sites, spread across Maharashtra, Andhra Pradesh and Karnataka.
TEPSOL portfolio
The solar power firm has more than 500 MW of ground-mounted solar PV projects and lined up an additional 500 MW. It has 104 MWp of operational ground-mounted solar PV projects in Telangana, 60 MWp of under construction ground-mounted solar PV projects in Karnataka and 300 MWp of ground-mounted solar PV projects allocated and under development in Maharashtra and Karnataka.
Sandip Agarwal, Partner and CEO, Think Energy, said that the company was exploring ways to deliver solution-based grid connected and off-grid installation with the government as well as private consumers. He added that Think Energy would also work on innovative technologies and products to support the National Mission of achieving energy security.
