Live
- Rahul Gandhi attends funeral of Raiyan Banaji, son of top Mumbai ophthalmologist
- India to end 2024 with record office space leasing activity, leads globally
- WPL 2025 auction: We have got what we were looking for, says Smriti on RCB’s picks
- Hackers target YouTube creators, send fake brand collaboration offers with malware
- North Korea reports South Korea's President Yoon impeachment 2 days after parliamentary vote
- Kerala announces Crime Branch probe into govt school question paper leaks
- Congress, BJP clash over Nehru's letters amid PMML controversy
- India's trend GDP growth to move closer to 6.5-7 pc in FY25: Crisil
- Shaina NC praises Omar as 'mature leader' for criticising Cong's objections to EVMs
- Handover Waqf scam case to CBI: Karnataka BJP chief to CM Siddaramaiah
City-based ValueLabs sets up 13mw solar power plants
City-Based ValueLabs Sets up 13mw Solar Power Plants. In perhaps the first venture of its kind in the Indian domestic IT sector, ValueLabs has installed and commissioned 13 mw of solar power to emerge self-reliant in its power demands. The plants generates an estimated 1.8 million kWh per month.
In perhaps the first venture of its kind in the Indian domestic IT sector, ValueLabs has installed and commissioned 13 mw of solar power to emerge self-reliant in its power demands. The plants generates an estimated 1.8 million kWh per month.
The Hyderabad-based, IT product development, services and consulting company has invested close to Rs 100 crore in this initiative. It has established solar power plants in two locations. The first is a 5 mw unit in Kadiri in Anantapur district, now in Andhra Pradesh. The second is 8 mw in Mahbubnagar district of Telangana.
.jpg)
Commenting on the occasion, Arjun Rao, founder and CEO, ValueLabs, said, “We minimise external dependencies by using the captive route wherever possible, thereby controlling our costs effectively. This is specifically relevant to areas like office space, power supply, disaster recovery planning, etc. We believe that such initiatives would increase our reliability and enable us to provide efficient services to our global customer base. Besides saving in energy cost, there are environmental dividends too.”
“India has immense potential for power generation from renewable energy sources, particularly solar. We wanted to leverage this at ValueLabs, to be completely energy self-reliant.
These power plants were commissioned and have been operational from March this year. Phase I was commissioned in March 2013 and phase II in March 2014. We are now in the process of drawing this power for captive use,” said Krishna Reddy, senior VP-HR & operations.
