|Chennai||Rs. 27580.00 (0.18%)|
|Mumbai||Rs. 28700.00 (0%)|
|Delhi||Rs. 27700.00 (0.73%)|
|Kolkata||Rs. 28270.00 (0%)|
|Kerala||Rs. 27050.00 (0.74%)|
|Bangalore||Rs. 27350.00 (1.11%)|
|Hyderabad||Rs. 27660.00 (1.21%)|
The Maharashtra State Power Generation Company (Mahagenco) is asking solar energy producers if they would like to build, operate and maintain a solar power plant, on a quasi-ownership model.
The selected developer would have to raise the finances and set up the plant, maintain it and generate power. The asset would be in Mahagenco's books for 10 years, after which the developer will get a right over the project.
"This is the first time for this model in India. We are trying to ensure developers are sure of this project and must be aware of it," said Ajoy Mehta, managing director, at a workshop arranged to discuss possible bids. Mahagenco will arrange the land and distribution infrastructure for the project. After commissioning, it would pay half the capital cost to the developer.