In less than a year of commissioning a 100MW captive solar plant in Solapur, Maharshtra, NTT-owned data centre company Netmagic is planning another 100 MW captive solar power plant to meet its rapidly growing power needs.
“We have been growing at over 30 percent year on year for the past two years in India. We expect the same momentum to continue this year as well. Therefore, to meet our increased power requirements we are looking at setting up a new solar power plant in Maharashtra,” Netmagic MD and CEO Sharad Sanghi, told BusinessLine.
The last solar power plant was commissioned in partnership with Tata Power last July. However, Netmagic may not stick with Tata Power for the new power plant.