SME Times is powered by   
Search News
Just in:   • False claims: Power ministry objects to article on achievements  • Rajasthan clears solar power projects worth Rs.1.56 lakh crore  • InFocus ties up with Foxconn, eyes USD 1 bn by 2016  • Chinese shares rise on opening  • Hyundai Motor India fined Rs.420 crore by Competition Commission 
Last updated: 27 Sep, 2014  

Tata9.thmb.jpg Tata Power to build 50 mw solar plant in Madhya Pradesh

Tata.Power.9.jpg
   Top Stories
» FICCI-CMSME urges Govt to create conducive biz environment for MSMEs
» MSMEs showing constant growth in exports, job creation: Govt
» Diamond glitters even as gold lose shine
» Higher provisions drag on PSU banks' net: Expert
» India Inc mourns the passing away of Dr. APJ Abdul Kalam
SME Times News Bureau | 05 Jul, 2013
Leading renewable energy producer Tata Power Solar will build a 50 megawatt (mw) solar power project for the state-run National Thermal Power Corporation (NTPC) at Madhya Pradesh's Rajgarh.

"We have won the 50 mw solar photovoltaic project in a competitive bid and will build it at Rajgarh during the next nine months for commissioning in March 2014," company chief executive Ajay Goel said in a statement here Thursday.

The project cost is estimated to be Rs.246 crore (Rs.2.46 billion).

Around 79 million units in kilowatt per hour (Kwh) of energy generated from the project will be supplied to the state grid through Madhya Pradesh Power Trading Company Ltd. According to the Central Electricity Authority, the state has an annual peak power deficit of 9.6 percent.

"The project will demonstrate our core strengths of manufacturing solar modules and engineering, procurement and construction (EPC) capability as the criteria for awarding it to us was technical knohow and competitive pricing to execute it on time," Goel said.

The project, which doubles NTPC's solar capacity to 100 mw, is a part of its renewable energy plan target of 1,000 mw by 2017.

"We plan to broaden our generation mix through conventional and non-conventional energy sources to ensure long-term competitiveness and mitigate fuel risk, as we are committed to sustainable development and protect the environment," NTPC director (technical) A.K. Jha said in the statement.

As the country's largest power generation utility with a combined capacity of 41 gigawatt (gw), mostly from non-renewable energy sources like coal and gas, NTPC has embarked on generating power through renewable sources in 2010.

Promoting clean energy, NTPC has commissioned two 10 mw solar projects at Dadri in Uttar Pradesh and Andaman and Nicobar islands.

The state power utility is also setting up a 10 mw solar power plant at Kaniha in Odisha and a 35 mw solar unit in Rajasthan.

The city-based Tata Power Solar has 125 mw solar module and 180 mw cell manufacturing facilities in Bangalore and has built about 70mw of grid connected projects across the country.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
64.55
63.50
UK Pound
102.60
100.35
Euro
73.55
71.75
Japanese Yen 52.55 51.40
As on 29 Jul, 2015
  Daily Poll
Will market regulator's plan to simplify start-ups' listing help SMEs?
 Yes
 No
 Can't say
  Commented Stories
» DoT report a blow to net neutrality(6)
» Govt. approves subsidy for 2,221 cold storages(3)
» Tight credit: MSMEs in dire need of a solution(3)
» History of Lok Sabha elections(2)
» MSME schemes - Do you know all of them?(2)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter