The Indian state of Punjab has awarded 250 MW of solar projects to 26 private developers who are set to invest between US$420 million and US$500 million in the ventures.
According to Indian daily The Economic Times, the list of project investors includes Lanco Solar Energy, Punj Lloyd Infrastructure, Moser Baer Clean Energy, Essel Infra Projects, Asopus Infrastructure, Welspun Solar Punjab and Azure Urja.
Punjab Deputy Chief Minister Sukhbir Singh Badal said the state has set a target to generate at least 1,000 MW power from renewable resources of energy like solar, biomass, co- generation, mini-hydel and solar roof tops in the next four years," The Economic Times reported.
Badal added that Punjab was exploring the possibility of setting up a mega solar park to promote clean energy in a big way.
The Punjab government awarded the solar projects in two categories of 1 to 4 MW and 5 to 30 MW. In the smaller category, a total 18 companies were granted projects totaling 50 MW, while 11 companies were awarded projects for 200 MW in the 5 to 30 MW category, the newspaper said, citing Anirudh Tiwari, secretary of Power & non-Conventional Energy.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.