After Adani, Reliance Power inks pact for Rajasthan solar park
12 February 2015
Anil Ambani's Reliance Power today signed an agreement with the Rajasthan government to develop a 6,000 MW solar park in the state over the next 10 years.
A memorandum of understanding to this effect was signed by Chief Minister Vasundhara Raje and chairman of Reliance Power Anil Ambani.
The announcement came as the chief minister dedicated Reliance Power's 100 MW concentrated solar project (CSP) at Pokhran in Jaisalmer district to the nation.
Rajasthan Sun Technique Energy, a wholly-owned subsidiary of Reliance Power, was awarded the CSP project in 2010 based on a international competitive bidding.
"The CSP plant is expected to generate about 250 million kilowatt hours of clean and green energy annually, equivalent to consumption of 2,30,000 households," the company said. Reliance Power claims to have the largest portfolio of power projects in the private sector based on coal, gas, hydro and renewable energy with an operating portfolio of nearly 6,000 MW.
Earlier this week, the Gautam Adani-led Adani Enterprises also signed a pact with the Rajasthan government to develop the country's largest solar park in the state with 10,000 MW capacity over the next 10 years at an estimated investment of about Rs40,000 crore. (See: Adani to develop India's largest solar park in Rajasthan).
Reliance Power has the largest portfolio of power projects in the private sector based on coal, gas, hydro and renewable energy, with an operating portfolio of nearly 6,000 MW.