O2 Power acquires 55-MW solar plant in Karnataka and Telangana

O2 Power Private Limited, a Delhi-based renewable energy independent power producer, has acquired a portfolio of solar power plants from Bangalore-based solar panel manufacturer, Emmvee Photovoltaic Power Private Limited.

The plants are located in Karnataka and Telangana and have an aggregate installed capacity of 55 MW, part of which supplies power to state discoms, while the balance capacity supplies captive power to Dr Reddy’s Laboratories.