Categories: News

2 MW captive solar power plant to be setup by Chennai Silks group

Chennai Silks Group, based in Coimbatore has commissioned its first 2 MW captive solar power plant in Tirupur district.

The plant will be setup by Tata Power Solar at the cost of Rs. 16 crore and will generate 3.1 million units of electricity during the first year.

The solar plant will work under REC mechanism and would have an income of 3 to 3.72 crore through it. Read more on REC here.

The group would share energy with Tamil Nadu Generation and Distribution Corporation (TANGEDCO) and in return will get an equivalent quantity of uninterrupted electricity supply to its textile unit situated at a distance from this plant.

The group has plans to add another 12 MW at the same location with an investment of Rs.125 crore.  A three MW plant would be commissioned by September and another nine or 10 MW by March next year, Nandagopal later said.

Reference;

Zeenews

REC application and issuance procedures

Pricing of the Renewable Energy Certificates

Puskar Pande

Editor in chief @GreenCleanGuide.com

Published by

Recent Posts

Types of Cinnamon and the differnece between true Cinnamon and Cinnamomum tamala

Did you know that cinnamon comes from the inner bark of a tree? Yep! When it’s first harvested, it’s a light color, but as it…

3 months ago

Regenerative Agriculture: Does It Make Sense in the Indian Context?

Regenerative agriculture is an approach to farming that focuses on restoring soil health, enhancing biodiversity, and improving ecosystem functions. Unlike conventional farming, which often depletes…

4 months ago

What Are Artificial Reefs?

Natural coral reefs and underwater habitats have been damaged by pollution, overfishing, and climate change. To help restore marine life, people create artificial reefs using…

4 months ago

Energy Attribute Certificates (EAC): A Key to Tracking and Promoting Renewable Energy

As the world continues to transition toward cleaner energy sources, the need for systems that can track, certify, and validate the renewable origin of electricity…

5 months ago

Here’s why “Blue Carbon” maybe the missing link in the crucial fight against climate change

The carbon that marine ecosystems absorb and store is known as "blue carbon." The well-known idea of "green carbon," which describes the carbon retained by…

5 months ago

Unlocking Soil Potential: A Farmer’s Guide to Soil Testing in India

Introduction Soil testing is a crucial practice in modern agriculture. It assesses soil health, nutrient levels, and pH balance, enabling farmers to make informed decisions…

6 months ago