Telangana to add 3,000 MW by next year – Feedback

Telangana is set become one of the hot spots for solar energy development in the country, given the rapid strides it has made since the State’s formation two years ago. It has seen the installation of over 520 MW in the past 12 months and has handed over development of 3,800 MW through major tenders. This is part of the State’s target of solar photovoltaic power generation of 5,000 MW 2018-19.

G Raghuma Reddy, Chairman and Managing Director of Southern Power Distribution Company of Telangana Limited, during a recent interaction with BusinessLine , said, “The State plans to use all of the power generated by solar to meet the requirements of the agriculture, which has been assured nine hours of power in two trances.” According to Reddy, the State has made arrangements for supply up to 7,000 MW through purchases. In the past few months, the State has closed tenders worth over 3,800 MW of the proposed 5,000 MW solar power addition by 2018-19. ACME Solar, Sky power, Adani Green, Suzlon, Mytrah, Gestamp, Shapoorji Pallonji are among solar power developers engaged in building projects.

http://www.thehindubusinessline.com/todays-paper/tp-others/tp-states/telangana-the-new-hotspot-for-solar-power-to-add-3000-mw-by-next-year/article8637975.ece

About news

We take care of publishing the latest investment news and highlights for Feedback

Leave a Reply

Your email address will not be published. Required fields are marked *