Wednesday, 15 December 2010

New Solar Power Projects

As per this article, 37 companies are allotted solar power projects by NVVN under the JNNSM scheme.  All these are under Phase 1.
30 companies in 5MW Solar PV power project
7 companies for Solar thermal power projects (Capacity: mostly 50 or 100 MW) - 5 Projects totalling 400 MW in Rajastan, 1 project of 20 MW capacity in Gujarat and 1 project of 50 MW capacity in Andhra Pradesh

Thursday, 9 December 2010

Tata Power stays away from solar power project

Recently there was a tender by the Central Government through NVVN (NTPC Vidyut Vyapar Nigam) on setting up solar power projects (each 5 MW).  The final nod was given to 30 companies (totalling 150 MW) under Phase1 to set up the projects.  The offer was given to bidders who gave the highest discounts to the set base price of Rs 17.91 per unit.

Tata Power stays away and its reasons are given in this Bloomberg article