Raviraj Corn Commissions 2.6 MW Solar Project in Maharashtra
⚡ Quick Read
- What happened: Raviraj Corn Products commissioned a 2.63 MW solar project in Solapur, Maharashtra, featuring 1.3 MW ground-mounted and 1.33 MW rooftop capacity.
- Why it matters: The project demonstrates the viability of behind-the-meter solar for energy-intensive continuous-process industries, targeting a payback period of under three years.
- Watch: The company is already planning a second phase involving an additional 2.5 MW ground-mounted solar installation.
Background and Context
As energy-intensive industries seek to mitigate rising operational expenditures, the adoption of captive solar power has become a strategic priority. Raviraj Corn Products, a major player in the corn starch manufacturing sector, has successfully integrated a 2.63 MW solar project at its Solapur facility in Maharashtra. This initiative follows the successful implementation of a smaller 210-kW solar installation at the company’s Pune site, which served as a proof-of-concept for the firm’s broader renewable energy transition.
Key Details
The newly commissioned 2.63 MW solar project comprises a 1.3 MW ground-mounted system alongside two rooftop arrays totaling 700 kW and 630 kW. Executed by Polaris Renewable Solutions in March 2026, the project involved an investment of over ₹74 million (~$800,000). The technical configuration utilizes Rayzon Solar’s 550 Wp monocrystalline modules paired with Growatt inverters ranging from 50 kW to 150 kW. The system is designed to generate approximately 10,000 units of electricity daily, or 295,000 units monthly, effectively meeting 35% of the facility’s total power demand. The company anticipates an annual saving of ₹28 million (~$302,700) on electricity expenses, with a projected payback period of less than three years.
What This Means for EPCs and Developers
For EPC contractors and solar developers, this project underscores the growing appetite for behind-the-meter C&I (Commercial and Industrial) solar solutions. Continuous-process industries, which previously faced annual power expenditures exceeding ₹90 million, represent a lucrative segment for developers capable of delivering high-efficiency, low-complexity solar installations. The success of this model, characterized by the utilization of unused land for ground-mounted capacity, highlights a repeatable strategy for industrial clients looking to hedge against grid tariff volatility.
What Happens Next
Raviraj Corn has signaled its intent to scale its renewable footprint further, with plans for a second phase involving an additional 2.5 MW ground-mounted solar project. As the India renewable energy sector continues to mature, the integration of captive solar assets is becoming a standard operational requirement for large-scale manufacturing units. This trend is expected to drive sustained demand for high-quality EPC services and advanced solar technology components across Maharashtra and the wider Indian industrial landscape.
