Tata to build solar plant in MH
Mumbai: Tata Power is to set up a solar power plant in Maharashtra.
The firm said that it was planning to set up a 28.8 MW solar plant near Satara, Maharashtra this fiscal. The move is part of the firm's initiative to meet its clean-energy capacity target.
The firm's Executive Director (Finance) S Ramakrishnan, said, “This will be our second solar plant in Maharashtra. We will be spending over Rs 230 crore this fiscal for setting up the project."
Currently, the company has a 3 MW project at Mulshi in Maharashtra and a 25 MW solar photovoltaic (PV) project at Mithapur in Gujarat. Its subsidiary, Tata Power Delhi Distribution Ltd, has also commissioned a 1 MW grid-connected rooftop solar power plant in Delhi.
Tata Power has also partnered with Australia's Sunengy to build the first floating solar plant at Mulshi and has set a target of generating 26,000 MW by 2020 and intends to have a 20-25 per cent contribution from clean power sources.
The company will also be adding 200 MW of wind energy this fiscal. Ramakrishnan added, "Currently, we have an installed capacity of 376 MW and plants spread across four states of Maharashtra, Gujarat, Tamil Nadu and Karnataka. We will be adding another 200 MW in this fiscal."
The firm said that it was planning to set up a 28.8 MW solar plant near Satara, Maharashtra this fiscal. The move is part of the firm's initiative to meet its clean-energy capacity target.
The firm's Executive Director (Finance) S Ramakrishnan, said, “This will be our second solar plant in Maharashtra. We will be spending over Rs 230 crore this fiscal for setting up the project."
Currently, the company has a 3 MW project at Mulshi in Maharashtra and a 25 MW solar photovoltaic (PV) project at Mithapur in Gujarat. Its subsidiary, Tata Power Delhi Distribution Ltd, has also commissioned a 1 MW grid-connected rooftop solar power plant in Delhi.
Tata Power has also partnered with Australia's Sunengy to build the first floating solar plant at Mulshi and has set a target of generating 26,000 MW by 2020 and intends to have a 20-25 per cent contribution from clean power sources.
The company will also be adding 200 MW of wind energy this fiscal. Ramakrishnan added, "Currently, we have an installed capacity of 376 MW and plants spread across four states of Maharashtra, Gujarat, Tamil Nadu and Karnataka. We will be adding another 200 MW in this fiscal."
-Manorama Online
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