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Sunday 22 June 2014

Telangana to develop a 1,000 mw solar park

According to reports, the Telangana Government has zeroed in on the backward district of Mahbubnagar to set up an integrated 1,000 mw solar power generation park.
The project will to be taken up by Telangana Industrial Infrastructure Corporation in partnership with Solar Energy Corporation of India. The SECI has given in-principle approval for the park, K. Pradeep Chandra, Principal Chief Secretary, Industries, Government of Telangana, said.
Speaking on the sidelines of CII PaperTech conference, he said that typically one MW requires an investment of about Rs 6 crore. The developers of projects will bring in these investments. The Government role will be limited to facilitation and creation of necessary support infrastructure.
He said that the Government will soon come out with a new industrial policy for the period for the next five years outlining the areas of thrust and incentives. The industrial policy of the unified State is valid between 2010-2015.
Pradeep Chandra said that the Government is also in the process of encouraging companies engaged in renewable energy sector, green technologies and waste management to set up their projects in the State as a cluster.
Earlier, during the year Solar Energy Corporation of India Limited had announced its decision to set up a mega solar park in the State and five more such parks in other parts of the country.
Referring to the State Government moves to set up a National Institute of Packaging, the official wanted the paper sector players to partner in this initiative of the Government.

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