Web Sify
Follow us on

Raasi Green to develop 100-MW solar park in Tamil Nadu

Source : IANS
Last Updated: Thu, Dec 13, 2012 11:30 hrs

Chennai, Dec 13 (IANS) The state-run Tamil Nadu Industrial Development Corporation Ltd. (TIDCO) and Raasi Green Earth Energy Thursday signed a memorandum of understanding (MoU) here to set up a 100-MW solar power park at an outlay of Rs.920 crore.

In a statement issued here, the state government said Raasi Green Earth would set up a solar power park in 500 acre in Ramanathapuram district, around 500 km from here.

The park, a public-private-partnership venture, can house a total solar power generation capacity of 100 MW.

The MoU was signed in the presence of Chief Minister J. Jayalalithaa at the state secretariat.

"I wish your project all success. I assure you of the total cooperation of the state government," Jayalalithaa said.

"I am happy to know that you plan to expand the capacity to 1,000 MW and I hope that this will prove to be a launching platform for many more such solar power projects to be established in Tamil Nadu. I wish your project all success," the chief minister added.

More from Sify:
blog comments powered by Disqus
  Cities   Price (10g)
  Chennai   Rs. 24500.00 (-0.33%)
  Mumbai   Rs. 25480.00 (-0.08%)
  Delhi   Rs. 25200.00 (0%)
  Kolkata   Rs. 25000.00 (0%)
  Kerala   Rs. 24400.00 (-0.41%)
  Bangalore   Rs. 24450.00 (0%)
  Hyderabad   Rs. 24580.00 (0%)
talking point on sify finance