Reliance Power constructs 40MW solar plant in Rajasthan

Financials

  • RPOWER
    NSE
    67.00
    -3.45 (-4.90%)
    3:58PM GMT+5:30

Reliance Power has inaugurated India’s largest solar power plant in Rajasthan. The plant has a total capacity of 40MW and will commence production on April 7, 2012. The project cost around Rs700 crore and the company is planning on investing Rs6,000 crore in total in solar projects in Rajasthan.

The Minister for new and renewable energy, Farooq Abdullah, expressed the intention of investing more in solar power and to reach a total of 20,000MW by 2022.

Anil Ambani, chairman of Reliance Power, commented: "We plan to add 300 MW of solar-generated power from this state to the national installed capacity by 2015."

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