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NLC India commissions 100-MW solar park in Tamil Nadu

Author: EBRD / All rights reserved.

June 19 (Renewables Now) - State-owned coal miner NLC India Ltd (BOM:513683) has commissioned a 100-MW solar power plant in the state of Tamil Nadu, the company announced on Wednesday.

The commercial operation of the solar park, which is located in Ramanathapuram District, has been declared with effect from May 29, 2019. The project is part of the 709 MW of solar awarded to NLC India by Tamil Nadu Generation and Distribution Corporation (TANGEDCO) in an auction that took place in 2017.

It was reported at the time that bids in the tender ranged from INR 3.47 (USD 0.050/EUR 0.044) per kWh to INR 4.00 per kWh and that the discom had eventually asked developers to sign contracts at the lowest quoted price.

(INR 10 = USD 0.143/EUR 0.128)

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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