Telangana to develop 1,000 MW solar park

Hyderabad: The Telangana Government has zeroed in on the backward district of Mahbubnagar to set up an integrated 1,000 MW solar power generation park.

The project will be taken up by Telangana Industrial Infrastructure Corporation in partnership with the Solar Energy Corporation of India (SECI).

SECI has given in-principle approval for the park, K Pradeep Chandra, Special Chief Secretary, Industries, Government of Telangana, said.

Industrial policy

Speaking on the sidelines of CII PaperTech conference, he said that typically 1 MW requires an investment of about Rs. 6 crore and five acres of land. About 5,000 acres will be set part for the park. The developers of projects will bring in their investments. The Government’s role will be limited to facilitation and creation of necessary support infrastructure.

Chandra said that the Government will soon come out with a new industrial policy for the next five years, outlining the areas that need incentives. The industrial policy of the unified State is valid from 2010-2015.

The Government is also in the process of encouraging companies engaged in the renewable energy sector, green technologies and waste management to set up their projects in the State as a cluster, he added.

Earlier this year, SECI had announced its decision to set up a mega solar park in the State and five more such parks in other parts of the country.

Referring to the State Government’s moves to set up a National Institute of Packaging, the official wanted players in the paper sector to partner in this initiative with the Government.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.