Armstrong Energy Global Limited is pleased to announce the grid connection of its second solar farm in India. The solar farm is in Hatnura, Telangana and is providing electricity to a major construction company.
Managing Director, Ram Nandakumar said, “Thanks to our strong in-country team, the construction of this plant has smoothly proceeded to plan and is now generating significant clean energy in a region that urgently needs reliable sources of electricity. As with our first site at Rajahmundry, we have demonstrated that we have the team to deliver significant solar projects on budget. We are now looking forward to delivering the next phase of projects in 2015, with the aim of installing more than 100 MWp in India in the next 12 months.”
Jayabalan has over 40 years of banking experience across a variety of roles, starting with the Bank of India in 1974. During his career, Jayabalan has worked on many challenging portfolios and gained considerable experience in branch management, asset growth, Forex operations and corporate credits.
Before retirement, Jayabalan was the Operation Head for Asset for the Bank of India with a base of 3000 billion, spanning all of southern India. He is a qualified B.Com graduate with CAIIB.
Jayakrishna is in charge of the legal department of Armstrong Energy Global. For over two decades, Jayakrishna has worked in the corporate sector in senior management positions providing corporate legal services, handling legal due diligence, compliance management, real estate transactions and litigation. He has handled leading corporate legal transactions of major corporates from various sectors including finance and real estate. The corporates that he has worked for include Shriram Group, Margadarsi of Ramoji Group, Dua Associates and Tatva Legal.
Jayakrishna graduated with a law degree from Andhra University in Visakhapatnam, Andra Pradesh and went on to do his Masters with M.A (Public Administration) degree in Dr. B. R Ambedkar University in Hyderabad, Telegana.
Funded by the Armstrong Energy Global Foundation, a solar mini grid has been successfully installed and connected in the remote rural village of Neelakantarayanagaddi in Karnataka, India as a social project. The 1.2 kWp system has provided a light and mobile charging to 44 households, who live on an island in the Krishna river. The installation was carried out by SELCO India, an award-winning social enterprise based in Bangalore. The community is paying for the ongoing maintenance on the site, using their budget that they previously used on kerosene lamps which are both polluting and bad for health.
Managing Director of Armstrong Energy Global, Dr Ram Nandakumar, said, “We welcome the news that this mini solar grid has now been connected – it is a tribute to the SELCO team who have worked hard in a challenging remote environment to install such a valuable source of reliable electricity for the local community. It is well recognised that the transition from kerosene lighting to solar energy is a major step forward in helping households enjoy less air pollution and create a much more positive environment to live and work.”
Armstrong Energy Global Foundation’s social projects are funded from a percentage of the revenue from Armstrong Energy Global’s commercial solar activities in India. The Foundation aims to switch on access to energy for one million people who currently do not have access to reliable energy.