Connect with us

Hi, what are you looking for?


Clean Power

Indian Power Company To Replace Planned Coal-Based Power Plant With 200 MW Solar Power Plant

As private sector power companies in India continue their struggle to implement new thermal power projects, some are now looking to take advantage of the government’s thrust towards solar power projects.

RattanIndia Power is reportedly planning to use 324 hectares of land in the northern state of Punhjab originally earmarked for a coal-based power plant to set up a 200 MW solar power plant. 

The company has dropped plans for the coal-based power plant after it failed to receive assurance of domestic coal supply. The issue of consistent fuel supply has dogged Indian thermal power plants for years and importing coal from other countries has not solved the problem either.

According to media reports, RattanIndia Power is now planning to get the required clearances from the state government to set up the solar power project on the land initially earmarked for a thermal power plant. Officials of the company, however, did not explicitly state how the company will go about setting up the solar power project – either through a direct agreement with the state government or by participating in solar power auctions.

RattanIndia Power, formerly Indiabulls Power, has participated in several recent solar power auctions and secured large amounts of utility-scale project capacity. The company won 58 MW solar power capacity through auctions held under the Punjab state solar power policy. A subsidiary of the company, Yarrow Infrastructure, also participated in a recent auction that set a new record-low tariff for solar PV projects in India. Yarrow Infrastructure quoted a price of Rs 4.36/kWh (US¢6.6/kWh), slightly higher than the record-low of Rs 4.34/kWh, to secure 70 MW capacity in the state of Rajasthan.

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Former Tesla Battery Expert Leading Lyten Into New Lithium-Sulfur Battery Era — Podcast:

I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it! We just don't like paywalls, and so we've decided to ditch ours. Unfortunately, the media business is still a tough, cut-throat business with tiny margins. It's a never-ending Olympic challenge to stay above water or even perhaps — gasp — grow. So ...
If you like what we do and want to support us, please chip in a bit monthly via PayPal or Patreon to help our team do what we do! Thank you!
Written By

An avid follower of latest developments in the Indian renewable energy sector.


You May Also Like


The combination of technical, market and regulatory innovation sometimes brings old technical solutions back to life. Such is the case for synchronous condensers it...

Green Economy

Some of the leading global pension funds are vying for a stake in the latest renewable energy yieldco offering in India. According to media...

Green Economy

Global investment firm KKR has participated in the second fundraising exercise in sixth months for India-based Serentica Renewables. According to media reports, KKR has...

Green Economy

The Indian renewable energy company Avaada has secured a massive $1.07 billion from multiple investors, including Brookfield.  According to media reports, Brookfield Renewable, part...

Copyright © 2023 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.