Hyderabad-based infrastructure company, Rithwik Projects on 20 December 2010 secured the mandate to implement a 5 MW solar power plant project in Anantapur district of Andhra Pradesh. The mandate was secured by the company in the Design, Build, Finance, Own and Operate (DBFOO) mode, under the National Solar Mission initiative. The power plant at Anantpur will be commissioned within 12 months and will generate about 8 million units of power annually. Rithwik Projects has a 25-year power purchase agreement with NTPC Vidyut Vyapar Nigam Ltd.
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