Investors lining up to set up solar power plants

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A large number of prominent names in the private sector have evinced interest and have even put up proposals with CREDA for setting up solar power plants with a total generation of 300 MW of power so far in Chhattisgarh.

It may be mentioned that the State government has come out with a solar power policy for generation of power using solar energy.

A number of companies have evinced interest in setting up solar power plants after the launch of the new solar power policy of the State Government, official sources here said.

The companies include prominent  names such as Welspun and Eastern Power among others. The MG group had already established a solar power plant and have also commenced power production which is currently 2 MW in the State.

The company is however, yet to sign a Power Purchase Agreement (PPA) with the Chhattisgarh State Power Distribution Company.

Daily Pioneer
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