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TIDCO to facilitate establishment of solar power parks in 2013-14

According to reports, the Tamil Nadu Industrial Development Corporation plans to facilitate formation of solar power parks, for a total capacity of 1000 MW, with private players in 2013-14.

The Industries Minister, P. Thangamani, told the Assembly on Friday that the total investment required to start these parks was estimated around Rs. 9000 crore. The solar parks would provide common facilities, like developed lands, roads, water supply, drainage and dedicated power evacuation facility, to independent solar power producers.

In the first phase of the project initiated in 2012-13, the TIDCO, in association with Bangalore-based Raasi Green Earth Energy, was developing a 100-MW capacity solar park in Paramakudi taluk of Ramanathapuram district at an estimated cost of Rs 920 crore on 500 acres of dry land. The project, the Minister said, was expected to be completed in the next six months.

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