A Russian-backed joint venture (JV) recently signed an agreement with Chennai-based Al Ameen Green Energy to build a 100 MW solar PV plant in Virudhunagar, in the Indian state of Tamil Nadu.
Miyota Power India is formed of two Russian firms, JSC Minneftegasstroi and Akis Tech, and its activity in India will also see the company build a 300 MW solar cell production facility in the eastern state of Jharkhand.
Sources at Akis Tech told pv magazine that the 200 MW phase one of this solar cell fab will be complete by October this year, with a further 100 MW capacity added by March of next year. The total investment is $250 million, Akis Tech confirmed.
The $80 million Tamil Nadu solar PV project, meanwhile, will be implemented in four phases. The first phase will comprise 25 MW of solar PV capacity, followed by a 15 MW and 9 MW tranche. The remaining 51 MW will be added in phase four towards the end of the year.
The agreement between Miyota Power India and Al Ameen Green Energy was signed at the recent IESS trade show in Chennai, and marks another of the Russian firm’s forays into solar power in India. Miyota Power India is a consortium partner of Hevel Solar, which will work with the JV on the delivery of the solar components in Tamil Nadu.
To date, Miyota Power India has worked on more than 600 MW of solar capacity in India.