State government finalised agreements with seven private power players and a public sector undertaking to produce 230 MW of solar power. At a function on Thursday, Chief Minister AkhileshYadav handed out Letter of Intents to Jakson Power Solutions, Moser Bayer Clean Energy Ltd, Sree Developers, DK Infracon, Refax Energy, Azure Surya Ltd and Essel Infra. These private sector firms would together be setting up solar power plants of a total 130 MW capacity.
These companies would be purchasing land directly from the farmers and are expected to be commissioned within six months after the land is in possession.
The Joint MD, Jakson Power Solutions, Sundeep Gupta said that they would be investing Rs 80 crore within one year to establish a 10 MW solar plant. He said that they have identified some land parcels in the Bundelkhand region of the state and expect their project to be commissioned in 6 months time.
Jakson power Solutions has already commssioned a 2×10 MW solar project in Rajasthan in February this year and is ambitious on growing their solar power portfolio. “We are scouting for several opportunities and would also be exploring the option of setting up one more solar plant in Uttar Pradesh” Gupta said.
The state government has also signed an MoU with public undertaking the National Hydro Power Corporation Ltd (NHPC) to set up a 100 MW solar plant in Jalaun district of Bundelkhand region.
- TNERC deals a hard blow to Solar PV suggesting just Rs. 5.78 per KWhr with NO escalation (natgrp.org)