IOC to set up 100 more off-grid solar projects at its retails outlets in the country
May 24: Indian Oil Corporation (IOC) has plans to put up about hundred off-grid solar power plants at various retail outlets during the current financial year. The aim is to replace diesel used for power generation.
8Such off-grid solar photo-voltaic systems have already been installed at 69 retail outlets of the state-run company. In addition, two solar power plants have also been installed at pipeline headquarters in Noida and the R&D centre in Faridabad, with an individual capacity of 75 KWp and 35 KWp, respectively.
8Indian Oil has also won the competitive bid for setting up a 5 MW solar power plant in the state of Rajasthan under Jawaharlal Nehru Solar Mission of the Ministry of New and Renewable Energy. The project is under implementation and is likely to be commissioned soon.
8IOC seems to be working towards diversification of its portfolio in renewable energy. The company is implementing a 48.3 MW wind power project in the state of Andhra Pradesh and another one of its projects-- the 21 MW wind project in Gujarat-- has completed almost three years of continuous operation since commissioning in January 2009.