The government of Tamil Nadu, India has selected Raasi Green Earth energy to develop a 100MW solar power plant in the state at an estimated cost of INR9.2bn ($167.9m).
Proposed to be located in the state’s Ramanathapuram district, the project will be established over an area of 500 acres in the Paramakudi taluk.
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An official release by the government estimates that the project will be completion within a year.
The project is being developed under the state’s newly unveiled Solar Energy Policy 2012 – the first major project under the initiative.
The state aims to set up solar projects totalling a capacity of 3000MW by 2015 vide the public-private partnerships.
Tamil Nadu Chief Minister Jayalalithaa assured total cooperation from the state government and said that the project would be a launch platform for more solar projects in the state.
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By GlobalDataThe Tamil Nadu Industrial Development Corporation (TIDCO) is a part of the project and has also been entrusted with the task of developing a total of 1,000MW solar power projects over the next five years, reported The Hindu.
