SME Times is powered by   
Search News
Just in:   • PM Modi flags off Run for Unity  • Posco not to quit Odisha project  • Nestle to introduce robots as sales clerks  • Competition commission okays Adani-Lanco power plant deal  • Bharti Airtel Q2 net profit zooms 170 percent 
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
» Sensex, Nifty hit record highs for 2nd consecutive day
» 2G Scam: Raja, others charged with money laundering, trial from Nov 11
» Don't ignore domestic black money: FM to tax officials
» 'India's online retail market to grow at 40-45 pc CAGR'
» 'Need create value chains between SMEs of Oman, India'
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
62.30
61.30
UK Pound
101.25
99.00
Euro
79.00
77.10
Japanese Yen 56.90 55.55
As on 31 Oct, 2014
  Daily Poll
Will PM's 'Come and make in India' mantra spur economic growth?
 Yes
 No
 Can't say
  Commented Stories
» Unease of doing business in India(25)
» Starting an import export business: Basic guide for beginners(16)
» Labour reform - a step taken forward(4)
» Making Indian MSMEs globally competitive(2)
» Govt should treat SMEs and start-ups differently: Jayant Kumar(2)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter