Telangana II Solar Power Plant
Owner of the power plant is Solar Arise India Projects Limited, which the shareholders are Thomas Lloyd Group, the European Initiative on Clean, Renewable Energy, Energy Efficiency and Climate Change related to Development SICAV SIF in relation to Global Energy Efficiency and Renewable Energy Fund (“GEEREF”), advised by the European Investment Bank Group, Kotak Mahindra managed Core Infrastructure India Fund (“CIIF”) and the founding management team Anil Nayar, James Abraham and Tanya Singhal. Solar Arise currently owns and operates 130 MW of grid-connected solar power projects in India. The park is operated by Talettutayi Solar Projects Six Private Limited.
The state of telangana has started its “Telangana Solar Power Policy” in 2015 to create "an enabling environment for prospective solar power developers". The government of India has a target of developing 22,000 megawatts (7.507×10 British thermal units per hour) of solar power plants and an additional 8,000 megawatts (2.730×10 British thermal units per hour) is expected in local generation, bringing the total to 30,000 megawatts (1.0236×10 British thermal units per hour) by 2022, which was later increased to 100,000 megawatts by the Narendra Modi government in the 2015 Union budget of India.
References
- ^ "Telangana II".
- ^ ThomasLloyd takes stake in SolarArise Foreign Investors on India, issue of 2018, october, 10. Retrieved 2019-02-03.
- ^ Business: Kotak Mahindra, EIB to Invest in India’s SolarArise, Bloomberg, issue of 2014, october, 9. Retrieved 2019-03-18.
- ^ "Telangana announces new solar power policy". www.downtoearth.org.in.
- ^ "Revision of cumulative targets under National Solar Mission from 20,000 MW by 2021–22 to 1,00,000 MW". pib.nic.in. Retrieved 27 March 2017.