Tamil Nadu has over 700 mw of solar power project in the pipeline, most of which could come within one year, reports indicate.
With these projects, the state is gearing up to becoming a close second to Gujarat in solar power sector. In solar power, the state ceded the leadership position to Gujarat, which has over a 1,000 mw.
Last October, Tamil Nadu government brought in its solar policy. The bidding process that was set in motion under the policy provisions has resulted in the award of solar power projects worth 226 mw.
Letters of Intent have been issued to the winning bidders. Apart from this 226 mw of projects, a number of other companies have announced their plans to put up projects in the state.
300 mw solar project is proposed to be developed by the Indarya group near Manamadurai. Another company, Raasi Green, has said it would put up a 100 mw plant.
In addition to these, there are many companies who wish to put up solar plant. For instance, a group of seven auto components manufacturing companies are putting up a 50 mw plant near Tiruchi.
Similarly, another group of chemicals and pharma companies, led by Shasun Chemicals and Pharmaceuticals, is working on its own 50 mw plant. Swelect Energy, formerly Numeric Power Systems, is planning to put up a 25 mw project, near Coimbatore.