Hazoor Multi Projects Ltd (HMPL), announced that the firm is moving into a new business segment, the green energy business, with the development of Maharashtra’s first solar park, “Chhatrapati Shivaji Maharaj Saur Urja Park” (CSMSUP), in collaboration with a leading multinational company from the United Kingdom.
The ambitious 1.2 GW capacity solar park will be located across 4,200 acres in Solapur district,” said the company in the BSE filling. It will utilize advanced technology, with each solar panel boasting a capacity of 750 watts and world-class efficiency levels. Both fixed and tracking solar panels have been employed, with tracking systems enhancing efficiency by following the sun’s movement throughout the day.
CSMSUP will play a pivotal role in India’s renewable energy transition, helping the nation meet its ambitious green energy goals while significantly reducing its carbon footprint. It underscores the fact that renewable energy investments are not just environmentally sound but also contribute to economic growth and job creation in the Solapur region.
Commenting on this initiative, Robert Moses, Director HMPL said, “The development of Chatrapati Shivaji Maharaj Saur Urja Park at Solapur is an important milestone in HMPL’s growth story in India. It is an affirmation of our commitment to making India a leading player in renewable energy business. HMPL plans to augment it’s renewable power generation capacities by opening new facilities in other Indian states soon.” HMPL if required.
In addition to CSMSUP, HMPL, in collaboration with international partners, is planning solar hybrid projects in two states: Maharashtra (1,200 MW) and Andhra Pradesh 500 MW. These initiatives reinforce HMPL’s commitment to driving innovation and sustainability in the renewable energy landscape.
