Step-down subsidiary commissions 3.125 MW solar plant in Tamil Nadu for captive use

SWELECT HHV Solar Photovoltaics Pvt Ltd, a step-down wholly owned subsidiary, has commissioned a 3.125 MW solar plant in Virudhunagar District, Tamil Nadu.

Thu 1 Oct 2026

Plant Capacity

3.125 MW

Location

Virudhunagar District, Tamil Nadu

Interconnection

33 KV to the existing 33/11 KV Naranapuram TNEB SS

Power Usage

captive consumption via intra-state open access

Subsidiary

SWELECT HHV Solar Photovoltaics Pvt Ltd, a step-down wholly owned subsidiary

What was announced

• SWELECT HHV Solar Photovoltaics Private Limited, described as a step-down wholly owned subsidiary of SWELECT Energy Systems Limited, has successfully commissioned a solar power plant.
• The plant capacity is 3.125 MW.
• Location: V. Muthulingapuram Village, Virudhunagar Taluk, Virudhunagar District, Tamil Nadu.
• The plant is interfaced at 33 KV level to the existing 33/11 KV Naranapuram TNEB SS.

What the plant will do

The energy generated from the solar power plant will be utilised for its captive consumption through the Intra State Open Access System in Tamil Nadu.

Plain-English glossary for a new investor

• Step-down wholly owned subsidiary: a company that is owned 100% by another subsidiary of the listed company, so the listed company owns it indirectly.
• Commissioned: the plant has been built and has started operating.
• MW (megawatt): a unit of power capacity, not of energy generated over time.
• Captive consumption: the electricity produced is used by the group itself rather than sold to outside buyers.
• Intra State Open Access: a mechanism that allows power to be moved within a state over the transmission or distribution network.

How to read this update

• This is an operational announcement recording completion of a power plant, not a financial result.
• The output is meant for the group's own electricity needs, so the relevant read-across is to how the consuming entity sources its power.
• The plant is a step-down subsidiary asset, so any benefit would flow to the listed company through that subsidiary.
• For scale, the announced capacity is 3.125 MW.

What to watch going ahead

• Any further disclosures from the company on generation, offtake or the performance of the plant.
• Whether the company reports this capacity in its periodic results commentary.

The update does not carry any cost, tariff or revenue figures for the plant; the key operational facts are the 3.125 MW capacity, the 33 KV interconnection and the captive-use arrangement in Tamil Nadu.

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