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2 GW Solar Power Capacity Addition Proposed For Indian State Of Jharkhand

Two leading Indian industrial conglomerates have proposed to set up 1 GW solar power capacity each in the eastern Indian state of Jharkhand.

According to media reports, Adani Group and Jindal Steel & Power Limited (JSPL) have sent proposals to the Jharkhand Renewable Energy Development Agency to set up solar power capacity of 1 GW each.

Jharkhand, rich in coal reserves, has only 16 MW of installed solar capacity, out of the 4.1 GW installed across India, and though the state has set a target to have 2 GW solar power capacity installed by 2020, it is yet to allocate any projects. This means that the Adani Group and JSPL would be the first developers to set up large-scale solar power projects in Jharkhand. By submitting proposals directly to the state government, the companies would avoid competition in possible future auctions and may get a higher preferential tariff.

Adani Group had earlier signed an agreement with the state government of Rajasthan to set up 10 GW of solar power capacity, a joint venture between the company and the state government. The total investment for the project is estimated at around $9 billion, and when fully commissioned, the project will generate over 16.6 billion kWh every year, offsetting approximately 15 million tonnes of CO2 emissions every year.

Adani Group has also signed an agreement with the Tamil Nadu government to set up a 650 MW solar power park. The Adani Group has also been in talks with SunEdison to set up India’s largest solar modules manufacturing facility, as well as, reportedly, having discussions with Foxconn and SoftBank to set up solar power projects across India.

The proposal by JSPL marks the company’s first major step into the solar power market. The company has proposed to set up the park in Godda district of Jharkhand.

 
 
 
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Written By

Smiti works as a senior solar engineer at a reputed engineering and management consultancy. She has conducted due diligence of several solar PV projects in India and Southeast Asia. She has keen interest in renewable energy, green buildings, environmental sustainability, and biofuels. She currently resides in New Delhi, India.

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