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Seven Bidders Selected for National Solar Power Mission

Seven bidders were selected for construction under National Solar Power Mission.

Nov 23, 2010 11:18 IST
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Under the Jawaharlal Nehru National Solar Mission (JNNSM), NTPC Vidyut Vyapar Nigam (NVVN) in mid-November 2010 selected a total of seven bidders to build 479 mw power generation capacity, based on concentrated solar power (CSP) in the first phase of the National Solar Power Mission scheme. The seven companies are as follows- Rajasthan Sun, Lanco, KVK Energy, Megha Engineering, Godavari Power, Corporate Ispat and Arum Renewables.  RPower, Lanco and KVK Energy will set up plants with capacity of 100 mw each in Rajasthan. The Reliance Power group company will set up plant in Jaisalmer as well as fund the project from the $5 billion tie up with US Exim Bank. R-Power had signed funding deal for its projects during US President, Barack Obama’s visit. Megha Engineering, Godavari Power and Corporate Ispat will build solar plants of 50 mw each and the balance capacity will be developed by Arum Renewables. NVVN will be responsible for implementing the first phase of the programme.