NLCIL to install 500 MW in India

The Neyveli-based company will build several 50-100 MW solar plants in the Aruppukottai area of Virudhunagar district, roughly 50 km south of Madurai in Tamil Nadu, according to The Hindu, a Chennai-based daily newspaper.

The installations will likely be commissioned within the next six months, following the completion of land acquisition. NLCIL has asked for 2,500 acres of land in the Aruppukottai area.

Presently, the company is building two 65 MW projects in Neyveli township. It has already signed a 25-year PPA with Tamil Nadu Generation and Distribution Corp. for the two sites.

NLCIL aims to eventually build 3 GW of solar capacity throughout the country. It has said that it favours reverse tenders, as it claims that it saves about 10-15% of project-related expenses for installations it builds under such processes, compared to conventional tendering methods.