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BHEL to set up solar photo-voltaic unit in Maharashtra

According to reports, Bharat Heavy Electricals Ltd (BHEL) would set up an integrated solar photo-voltaic manufacturing facility of around 500 MW per annum in Maharashtra, Parliament was informed today.

“BHEL has initiated setting up an integrated solar photo-voltaic (PV) manufacturing facility of around 500 MW per annum in phases in Maharashtra subject to government approval regrading grant of 40 per cent capital subsidy under national Clean Energy Fund, to be completed in three years,” Minister of State for Heavy Industries and Public Enterprises G M Siddeshwara said in a written reply to the Lok Sabha.

He also said that the two projects – Grid-interactive solar PV plant of Neyveli Lignite Corporation in Tamil Nadu and Grid-interactive solar PV plant of Karnataka Power Corporation in Karnataka – would be commissioned by first quarter of 2015-16.

Replying to a separate question, the minister said three CPSEs – Container Corporation of India, Engineers India Ltd and National Buildings Construction Corporation Ltd have already been granted Navratna status during the current fiscal.

The status gives more financial autonomy to the company. Replying to a separate question, he informed the Lok Sabha that the government proposes to set up Industrial Machine Tool Park in the country.

He said that a scheme on enhancement of competitiveness in the Indian capital goods sector has been notified by the Department of Heavy Industry in November.

One of the components of the scheme is setting up of Integrated Industrial Infrastructure Facility with the objective of making the machine tool sector more competitive by providing an ecosystem for production.

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