NTPC’s storage-linked solar project in the Andaman & Nicobar Islands is facing hiccups at the inception stage itself.
The Centre wants to shift the power eco-system of the islands from diesel power to a 24-hour solar power. But, bidders interested in the project told BusinessLine that they are sceptical there are financial concerns in the project viability.
Those interested in the project include Rays Power Infra, Hero Future Energies and Renew Power and Amplus Solar. Developers say that the currently available technologies in the storage sphere do not allow for a reliable cost projection beyond 10 to 12 years. While the bid asks for 25-year project life of the 17-MW storage-linked power system. Read More…
Credit By: The Hindu Business Line
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