RRECL, THDC sign MoU to set up 10,000 Mw solar park in Rajasthan
ACS Energy and CMD RRECL Subodh Agarwal who was in Rishikesh to ink the agreement said that the development of the park will create 10,000 direct jobs.
ACS Energy and CMD RRECL Subodh Agarwal who was in Rishikesh to ink the agreement said that the development of the park will create 10,000 direct jobs.
The Maharashtra State Power Generation Co (MAHAGENCO) and National Thermal Power Corporation will form a joint venture to set up an "ultra-mega solar park" in the state to generate 2,500 MW green power, officials said here on Thursday.
The world's biggest furniture retailer said on Wednesday it was buying the projects, which would have a combined capacity of 440 megawatts, from German developer Enerparc.
According to a company statement, an in-principle approval has been accorded by the ministry for development of this project under Ultra Mega Renewable Energy Power Parks of its solar park scheme.
Rays Power Infra has inked a pact with the Rajasthan government to build a 500 MW solar park. "Rays Power Infra has signed a memorandum of understanding (MoU) with the Rajasthan government for constructing an avant-garde PV Photovoltaic (PV) Power Station (commonly referred to as solar power plant) and generating 500 MW of green electricity," a statement said.
Of the 25,000 MW of solar power projects undertaken in the state for alternative energy, 17,000 MW could not go ahead due to breaking out of Covid-19 pandemic.
The total book value for the eight parks is more than 21 billion roubles ($272.16 million), Ingka Investments, the investment arm of the world's biggest furniture retailer, said in a statement.
The total book value for the eight parks is more than 21 billion roubles ($272.16 million), Ingka Investments, the investment arm of the world's biggest furniture retailer, said in a statement.
RSDCL will develop infrastructure in the solar park and NTPC will develop the solar projects.
The emphasis should be on large-scale implementation of RTS. Greater cohesion between the various stakeholders will quicken India’s transition to fossil-free energy.
It said the project is expected to be completed by the end of 2022 or beginning of 2023