Many solar power firms bid for projects in Tamil Nadu

CHENNAI: Tangedco has received good response from solar power companies across the country for setting up projects during the period 2017-18. More than 40 solar power companies have bid for setting up projects in Tamil Nadu. The bids floated this year, were opened on Thursday.

Tangedco found 40 companies have bid for a total 3780 MW though the total capacity for which tenders were floated was only 1500MW. Tamil Nadu Electricity Regulatory Commission (TNERC) has permitted only 1500 MW for the state in the current financial year.

“There are several solar power companies who have bid for the entire capacity of 1500MW and others to the extent of 400MW, 250MW and some for 100MW. We have opened only the technical bids. With regard to tariff, we will know only on June 30 when the price bid will be opened,” a senior Tangdeco official told TOI.

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