Thursday 30 January 2014

BHEL to set up world’s largest 4,000 MW ultra mega solar power project in Rajasthan

As many as six state-owned companies including Bharat Heavy Electricals (BHEL), Power Grid Corporation of India (PGCIL), Solar Energy Corporation of India (SECI), Hindustan Salts, Satluj Jal Vidyut Nigam (SJVNL) and Rajasthan Electronics and Instruments (REIL) have inked an agreement for setting up the world’s largest 4,000 MW ultra mega solar power project in Rajasthan. To this effect, a Memorandum of Understanding (MoU) was signed among the six companies to form a Joint Venture company (JVC) for the same.

The JVC will develop the Solar Power Project on the surplus land available with Sambhar Salts (SSL) in Sambhar, Rajasthan with equity participation from BHEL (26%), SECI (23%), Hindustan Salts (16%), PGCIL (16%), SJVNL (16%) and REIL (3%). The project set up on land provided by SSL will have equipment supplied by BHEL, power evacuation by PGCIL, sale of electricity by SECI, O&M by REIL and project management by SJVNL.

The plant shall be set up in two phases over a period of 7 years with Phase I comprising 1,000 MW and the balance 3,000 MW in subsequent phases. With the commissioning of this plant and commercial utilization of the harvested energy therein, this would become the largest single location solar electricity generation project in the world.

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