Hartek Power Pvt Ltd, one of India's fastest growing Engineering, Procurement and Construction (EPC) companies
based in Chandigarh, has bagged substation orders for 330-Mw solar projects across the country in the first quarter of the current financial year.
The company has set a target of executing EPC for 500-Mw solar power projects to the grid in financial year 2016-17.The 330-Mw solar EPC orders bagged by the company include 10 substation projects of up to 132 Kv spread across six states, including Punjab, Bihar, Karnataka, Madhya Pradesh, Uttar Pradesh and Maharashtra.
Specialising in executing high-voltage turnkey substations and power infrastructure projects, Hartek Power will provide complete turnkey solutions for these projects and execute post-inverter works covering the design, engineering, supply, installation, automation and commissioning of the power plant electrification. "
Known for its expertise in executing solar EPC projects, Hartek Power has installed substations for 258-Mw solar projects since it entered the business three years ago. Going by the sizeable orders bagged by it this time, the company has raised the bar and set a target of connecting 500-MW solar projects to the grid in FY 2016-17", said Hartek Singh, Chairman and Managing Director of the company.
Entering the solar EPC domain in 2013, Hartek Power commissioned substations for 45-Mw solar projects in the very first year.
In the following year (2014-15), the company executed EPC orders for 90-Mw solar projects, taking the figure to 135 Mw, a threefold increase.
Hartek Power further consolidated its position in FY 2015-16 by providing grid connectivity to 123-Mw solar projects spread across Punjab, Rajasthan, Andhra Pradesh, Bihar and Karnataka, thus enabling the company to register a nearly two-fold increase as compared to the overall figure in the previous year.India's installed solar generation capacity has gone up from 2.5 Gw to 7 Gw in a matter of just two years, offering a huge scope for growth to firms like Hartek Power, he added.