Hydropower generation company NHPC Ltd. will put up a 40-MW solar plant in Odisha with an investment of about Rs. 1.96 billion.

"The state technical committee, under the chairmanship of the secretary of the energy department, has approved the proposal of NHPC," said a government source.

The solar power project will come up on about 180 acres of land in the Ganjam district and NHPC is impressing upon the state's bulk power purchaser, Gridco, for buying the power produced there, the official added.

Last year, NHPC had evinced interest for setting up a 100-200-Mw solar project in Odisha for the supply of power to Gridco so that the latter could fulfil its renewable energy purchase obligation with assured power purchase agreement (PPA).

The central PSU has already commissioned a 50-Mw solar project in Tamil Nadu and another 50-MW wind power project in Jaisalmer, Rajasthan.

Betting big on solar projects, NHPC had signed a memorandum of understanding with Solar Energy Corporation of India (SECI) on November 30, 2015, for the development of a 250-MW grid-connected solar power project in a time frame of five years in association with SECI.

The hydropower generator had expressed its willingness to participate in the 1,000-MW solar power park scheme coming up in Odisha.

NTPC, NLC (formerly Neyveli Lignite Ltd.) and North Eastern Electric Power Corporation Ltd. (NEEPCO), SJVN Ltd., a mini-Ratna PSU, have also evinced interest in participating in the state's solar park programme.

here is company details.

 

NOTE :You need to login first to access this feature.