Bharat Dynamics (BDL) will set up a five MW solar photovoltaic power project at its Bhanur missile production unit in Telangana.
The project worth Rs 29 crore was formally launched by the Union Minister for Defence and Finance, Arun Jaitley, on 27 August 2017. It will have a payback period of 4.3 years on the capital cost. The company plans to develop the plant at Bhanur, where it will be manufacturing the Astra weapon system.
The implementation of the grid connected solar power project will be executed under phase ll/lll of the Jawaharlal Nehru National Solar Mission (JNNSM).
The feasibility study was carried out by Solar Energy Corporation.
The project will chip into the National Power Grid and will generate 8.545 million units of power per year.