Web Exclusive | August 2013
Five PSUs to set up 4,000 mw solar project in Rajasthan
To set up a solar power project of 4,000 mega watts capacity in Rajasthan, five Central public sector undertakings (CPSUs) have joined hands. BHEL, PowerGrid Corporation, Satluj Jal Vidyut Nigam, Solar Energy Corporation, and Hindustan Salts are the five CPSUs which will set up the project on the land belonging to Hindustan Salt at Sambhar in Rajasthan. The project is to be commissioned in three years.
Rajasthan Electronics and Instruments, another CPSU, is to be entrusted with the contract for operation and management of this project. The effort is to set up 1,000 mw capacity initially with an investment of Rs 7,500 crore. Then additional capacity of 3,000 mw will be developed in six phases of 500 mw each.
A special purpose vehicle (SPV) will be set up to implement the projects, permission for the SPV has been sought from the Union Cabinet. The project will be a joint initiative of the Heavy Industries Ministry and the Ministry of New and Renewal Energy.