State-run Power Finance Corporation on Monday said it has sanctioned Rs 9128 crore financial assistance to power utilities of Tamil Nadu.
The more than a decade old group captive model is attracting attention as power producers in the country continue to struggle with idle capacities, lack of long-term power purchase agreements (PPA)
NLC India Limited has proposed to set up solar power plants at the cost of 2,170 crore with a total capacity of 500 Megawatt in various parts of Tamil Nadu
A 500 MW solar tender has been floated by the Tamil Nadu Generation and Distribution Corporation (TANGEDCO). A request for selection (RFS) has been issued for auction and allocation of 500 MW of solar capacity.
After several rounds of negotiations, Tamil Nadu is to join the Centre’s Ujwal Discom Assurance Yojana (UDAY Scheme) on January 9.
Power plants in the state have been cranked up to meet the 13,600MW demand — 18% more than last year — in the state. Though the demand is likely to touch an all time high in summer
If Tamil Nadu signs the UDAY scheme, it will save over Rs 22,400 crore in the next 3 years and a further saving of Rs. 7000 cr per year after 2019.