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Monday, November 18, 2013

Centre plans 4 solar UMPPs of Rs 90,000 crore

These projects are planned in Rajasthan (4000 MW), Gujarat (4,000 MW), Kargil (2,000 MW) and Ladakh (5,000 MW)
Mumbai: The Centre has proposed four ultra mega solar power projects (UMPPs). These would be in Rajasthan (4,000 Mw), Gujarat (4,000 Mw), Kargil (2,000 Mw) and Ladakh (5,000 Mw). These would cost Rs 90,000 crore.

Tarun Kapoor, joint secretary, ministry of new and renewable energy, said the per Mw capital cost has been estimated at Rs 6 crore against the existing Rs 7-7.5 crore. The per unit rate is estimated at Rs 5.50.

'"The one in Rajasthan would be developed on an engineering procurement and construction (EPC) basis. For this, public undertakings Bharat Heavy Electricals, Solar Energy Corporation of India, Power Grid, Hindustan Salt and Satluj Jal Vidyut Nigam and Rajasthan Electronics & Instruments will form a joint venture company.”

According to Kapoor, BHEL which will be a lead company in the proposed JVC, will manufacture solar panels needed for Rajasthan project.

Kapoor informed that the first phase of 1,000 MW of Rajasthan UMPP is expected to be operational in three years while the entire project in seven years. The land has already been identified. He said the power to be produced from Rajasthan UMPP will be sold to Solar Energy Corporation which will trade it to various distribution companies.

As far as Gujarat UMPP is concerned, it will be developed with five to six companies. However, Kapoor said the Centre has yet to finalise details in this regard. Further, a lot of private developers have desired to develop 1,000 MW to 3,000 MW on their own.

However, it won't be possible as the project will be tendered, he added. According to Kapoor, transmission is a major issue for the development of Kargil and Ladakh UMPPs.

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