ValueLabs, an IT product development firm from Hyderabad, has commissioned its 13 MW solar power plant in India.
The projects consist of 5MW plant in Ananthapur and 8MW in Mehaboobnagar, beginning operations from March, 2014.
With these projects, ValueLabs will be the first IT company in India to own a solar power plant that is efficient to meet 100 percent of its energy demand for its growth planned in next 3 years .These plants have a production capacity of 1.8 million kWh per month.
Arjun Rao, founder, CEO, ValueLabs, said, “By achieving this effort, external dependencies are controlled costs effectively. This is relevant to office space, power supply and disaster recovery planning. Such initiatives will create reliability helping us to serve global customers in a better way. Environmental impact is an additional factor.”
Krishna Reddy, senior VP, Operations, explained, “India has potential for power generation from solar energy sources, we tried to leverage this at ValueLabs, and became energy self-reliant. Phase I was commissioned in March 2013 and Phase II in March 2014. Now the process of harnessing this power for captive use is going on.”
The idea to achieve self-reliance in power was formulated four years ago, during a power holiday in Andhra Pradesh. The Hyderabad Software Association decided to probe ways to overcome this and be self -sufficient in power generation, added company officials.