Saurabh Marda, Co-Founder and MD, Freyr Energy
Hyderabad: City-based rooftop solar company, Freyr Energy said its solar installation at the facility of Telangana-based Bhavika Plastek, has generated savings of Rs 33 lakh annually for the plastic manufacturing company.
In 2020 Bhavika Plastek installed a 311 KW solar plant at its manufacturing facility in Hyderabad. Following its transition to solar power, the company has cut down on annual carbon emissions by 430 tons as it generates 4.54 lakh units of clean electricity each year, an equivalent to planting 4,917 trees.
“After careful consideration, we chose Freyr Energy for the installation of our solar energy plant. Remarkably, this solar investment has already yielded its payback in three years,” Kameshwar Rao, Managing Director, Bhavika Plastek said.
