Under its Power Generations initiative, Modern India Limited has set up a 5 MW Solar Power Project at Satara, Maharashtra, at a CAPEX OF INR 340 million. The project was implemented with the latest technology and state of art advancements.
Modern India in its endeavour to expand its business launched one of the First Solar PV plant in Maharashtra, With a total capacity of 5 MW in 2014 Modern India wishes to expand this to over 500 MW by 2020.
"We are like tenant farmers chopping down the fence around our house for fuel when we should be using Nature's inexhaustible sources of energy — sun, wind and tide.... I'd put my money on the sun and solar energy. What a source of power! I hope we don't have to wait until oil and coal run out before we tackle that."