The government of the state of Gujarat in India has confirmed it is exploring the possibility of setting up a 1,000 MW solar power project in conjunction with the International Finance Corporation (IFC). Gujarat estimates that the project could cost around Rs 8 to 9 crore per MW, therefore, the 1,000 MW project could cost anywhere between Rs 8,000 to 9,000 crore.
DJ Pandian, principal secretary, energy and petrochemicals department of Gujarat said, "We have initiated talks with the IFC to seek its support for the project."
DJ Pandian, principal secretary, energy and petrochemicals department of Gujarat said, “The project is still in the conceptual stage. We have initiated talks with the IFC to seek its support for the project. We will go ahead with it depending on their response. Read more
Source : www.pv-tech.org
