ARIPL, in collaboration with Premier Solar, to construct a 100 MW Solar PV Power Plant funded by EXIM Bank of India
Amara Raja Infra Private Limited (ARIPL), a subsidiary of the Amara Raja Group, has achieved a significant milestone by securing a new solar project in Bangladesh.
This marks ARIPL’s entry into the international solar market, highlighting the company’s expanding reach.
The project, valued at $130 million, encompasses the Engineering, Design, Supply, Installation, and Commissioning of a 100 MW (AC) Solar PV Power Plant.
The funding for this venture will be provided by the EXIM Bank of India. ARIPL, in collaboration with Premier Solar of Hyderabad, successfully secured the project from Bangladesh’s Rural Power Company Ltd (RPCL).
Spanning across 326 acres in Madarganj, Jamalpur District, the project is expected to be completed within the next 18 months. Once commissioned, ARIPL will also provide comprehensive operation and maintenance services for two years, along with warranty spares and consumables.
Vikramadithya Gourineni, Director of Amara Raja Infra Pvt Ltd, expressed his enthusiasm, stating, “It is an extraordinary achievement for the Amara Raja Group to secure this contract amidst stiff competition from industry giants. In a short period of time, we have taken on some of the biggest renewable energy projects in India, and with this project, we can establish ourselves as a serious player in the international market as well.”
Dwarakanadha Reddy, Head of the Power Division at ARIPL, added, “Over the past many years, we have proven ourselves as a trustworthy partner with high integrity and a commitment to delivering critical projects as per customer timelines. With this project, we have got an opportunity to replicate our success in the international market as well.”
This achievement solidifies ARIPL’s position as a leading player in the renewable energy sector, both domestically and internationally. In the previous year, the company secured India’s first green hydrogen fuelling station project commissioned in Leh by NTPC, as well as the first 400 KV GIS project from GSECL. With the addition of the 100 MW (AC) solar project in Bangladesh, ARIPL’s solar portfolio now boasts a pipeline of 1 GW.