04 Jul '11, 9pm

$1.78 Billion to be Invested in Asia’s Largest Solar Park (500 MW) in India

$1.78 Billion to be Invested in Asia’s Largest Solar Park (500 MW) in India

The government of the western state of Gujarat in India has announced the establishment of Asia’s largest solar park that will provide 800 million units of power in two years when commissioned with a power production capacity of 500 MW. The state-owned Gujarat Power Corporation is developing the solar park, which will cover 2,000 hectares of land, 1,000 hectares of which was government wasteland, in Charanka village near Santalpur in Patan district, northern Gujarat. The companies like GMR and Lanco, will invest $1.78 billion in the proposed project and already received the allotment letter for the solar power generation under the Gujarat Solar Mission. In the first phase of the operation, Gujarat Energy Transmission Corporation will set up a power pooling station to collect the generated power from 150 solar power production companies that will generate around 176 MW. Out...

Full article: http://cleantechnica.com/2011/07/04/1-78-billion-to-be-in...

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