State-owned coal miner NLC India Ltd. has announced in a regulatory filing that it has commissioned a 100 MW solar PV power plant in the state of Tamil Nadu. The commercial operation of the solar park, which is located in Ramanathapuram District, has been declared with effect from May 29, 2019.
The project is part of the 709 MW of solar awarded to NLC India by Tamil Nadu Generation and Distribution Corporation (TANGEDCO) in an auction that took place in 2017. It was reported at the time that bids in the tender ranged from Rs 3.47 per kWh to Rs 4 per kWh and that the distribution company had eventually asked developers to sign contracts at the lowest (L1) quoted price.
In January, NLC India (NLCIL) had announced the signing of a Memorandum of Understanding (MoU) with the Tamil Nadu government to develop 2,640 MW of lignite-based thermal power projects and 1,000 MW of solar energy projects in the state. Read More