Think aims to play a pivotal role in India’s bid to become energy independent. By focusing on clean energy, Think intends to lead India’s focus on sustainable energy sources and technologies.
Think has started its clean energy journey with Solar PV technologies. As we move along, we intend to undertake wind projects as well. Think is currently developing a portfolio of solar projects aggregating to 500 MW in India with a particular emphasis on the southern states of Telangana, Karnataka, and Maharashtra.
Last year Think, in partnership with Solarpack Corporacion Technologica S.L., won six solar projects totaling to 80 MW at an attractive tariff of INR 5.72 per KWh. Power Purchase Agreements (‘PPA’) with Telangana DISCOMS for developing 6 projects in Telangana were signed in the February 2016. These projects have been commissioned in early 2017.
Over the last couple of years, we have developed internal capabilities on various aspects of the project implementation including land acquisition. Today we don’t depend on external consultants to acquire land for our solar projects and /or to secure permits for our solar projects. Think has recently started offering asset management activities for the project under construction and/or operation. Think is currently developing in-house operation & maintenance capabilities and intend to start an operation & maintenance arm over the next few months.