Announcement Under Regulation 30 of SEBI (LODR) - SWELECT Energy Systems Limited has successfully commissioned 5 MW Solar Power plant at Perumpoondi and Nedumpirai Village, Cheyyar Taluk, Tiruvannamalai District, Tamil Nadu.
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Swelect Energy Systems Limited has successfully commissioned a 5 MW solar power plant in Tiruvannamalai district, Tamil Nadu, connected to the TANTRANSCO grid at 110 KV level. The plant will supply power to the Airport Authority of India (AAI) at Chennai Airport under a third-party power sale model via intra-state open access. This commissioning completes the full 10 MW for the AAI project, marking a meaningful expansion of the company's renewable energy generation capacity.
The successful commissioning of 10 MW for AAI strengthens Swelect's contracted revenue stream and positions the company for further renewable energy project wins, which could be positive for investor sentiment.