“Further, projects of 72.61 GW capacity are under various stages of implementation and 21.11 GW capacity are under various stages of bidding,” said Singh.
Chief Minister Basavaraj Bommai on Wednesday said that the State Government is encouraging research on the use of solar energy in projects.
A senior official of Tangedco told TNIE the tender is likely to be finalised on March 20 and the selected company will start its work in the first week of April.
While SPI is a subsidiary of the US-based The Rockefeller Foundation, Adani Solar is the solar photovoltaic manufacturing arm of Adani Group.
Before installing solar panels, the electricity bills used to be more than Rs 1,000 for two months.
India’s solar open access installations witnessed a growth of 85% with 307 MW installations in the third quarter of 2021, according to the Mercom India Research study.
Adani Green Energy Ltd informed that it has signed an agreement with the SECI to supply 4,667 MW of green power.
The gross metering mechanism involves direct sale of units produced by the solar system to the grid and is accounted for at feed-in tariff.
The commission also permitted the power utilities concerned to enter into a tripartite power sale agreement (PSA) with SECI to purchase power for 25 years.
Sajjala Ramakrishna alleged that the TDP, during its regime, had purchased solar power at Rs 7 per unit and wind power at Rs 5 per unit despite having surplus power across the country.
Similarly, the State need not earmark land for a power plant if power is purchased from outside.
A world struggling to reach a commitment of $100 billion needs to hear this to understand the scale of what is needed to achieve the goal of arresting global warming
Agreement to be signed for supply of solar power at Rs 2.49 per unit for 25 years on a sustainable basis; govt says Rs 2,000 cr will be estimated savings per annum
Even as the country battles a huge power crisis and people find it difficult to cope with inflated electricity bills, 61-year-old S Dhamodharan is untethered.
The acquisition of the project was at an enterprise valuation of Rs 219 crore.