India: Reliance Power to install INR 900 billion worth of solar projects

At 600 megawatts (MW) and with an investment of INR 900 billion the project could well be the largest in the world by any given single company. Although the site for the project is yet to be identified, it is hoped construction will be completed before next March.

At present, Spain has the world’s largest photovoltaics based power plant, with a generation capacity of 55 MW.

The company has additionally identified two sites in Rajasthan for generating 500 MW of energy: this includes a 50 MW PV project and 450 MWs worth of concentrated solar thermal power.

It is also setting up a 100 MW PV project at Dahanu in Maharashtra state. As per Central Electricity Regulatory Commission under the National Solar Mission, the tariff realized would be INR17.91 per kWh for projects commissioned during the financial year for 2009-10, and will be applicable for a period of 25 years.