at Bikaner, Rajasthan. The project is being developed by SJVN Green Energy Limited, a wholly owned subsidiary of SJVN — a government owned hydropower generation company. SJVN has a portfolio of 45 gigawatts across hydro, thermal, and renewable energy technologies.
The project was allocated to SJVN Green Energy in a competitive auction. The solar park will be developed on 5,000 acres at an estimated cost of Rs 55 billion . It is expected to be commissioned by March 2024. The company secured debt funding worth Rs 44 billion from the Indian Renewable Energy Agency in December 2022.The solar park was allocated as part of the central public sector undertaking, or CPSU, scheme.
All projects allocated under this scheme are mandated to use solar modules manufactured in India. This scheme was launched in response to the World Trade Organization striking down the domestic content requirement India had introduced in solar power tenders in the early 2010s. In some of the large scale tenders issued in India during the initial phases of the National Solar Mission, a portion was set aside to be constructed using domestically manufactured solar modules. This clause was added in order to support domestic manufacturers. However, this clause was successfully challenged by the United States at the WTO and the Indian government was forced to
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kisum signs with RND Company | allkpopKisum signed an exclusive contract with RND Company.According to RND Company on January 9th KST, rapper Kisum has joined the company as a … Welcome..!!
Source: allkpop - 🏆 573. / 51 Read more »