From pv magazine India
Tata Power Solar has secured a 300 MW solar project in India from state-owned hydropower producer NHPC, following a recent 1 GW win from SJVN.
The 300 MW project, worth INR 1,731 crore (AU$317 million), will be developed in Rajasthan under the Central Public Sector Undertaking (CPSU) scheme. Under the CPSU scheme, state-run power producers are provided financial support to set up solar plants for self-use or for use by other government entities, either directly or through electricity distribution companies.
The CPSU scheme mandates the use of domestic solar cells and modules. It provides viability gap funding to cover the cost difference between domestic and imported solar cells and modules.
The project is scheduled for commissioning within 18 months from the award of the contract. Once operational, it is expected to generate approximately 750 million units of electricity per year. With this win, Tata Power’s pending order book has reached INR 13,500 crore (AU$2.5 million), and its total utility-scale solar project portfolio has hit 9.7 GWp.
Author: Uma Gupta
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: email@example.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.