Assam Govt. Approves 690 MW of Solar Energy Projects

Highlights:

  • Several solar projects were approved in a cabinet meeting chaired by Assam Chief Minister
  • The projects would be funded in a debt-equity ratio of 80:20

In a cabinet meeting chaired by Assam Chief Minister, Hemanta Biswa Sharma, the state government approved several solar energy projects that are to be implemented in different districts of the state.

The details of the projects are as follows:

Plant Name Capacity
Sonbeel Floating Solar Power Project 70 MW
Tezpur Agrivoltaic Project 100 MW
Golaghat Floating Solar Power Project 40 MW
Margherita Solar Power Project 200 MW
Lower Kopili Agrivoltaic Project 50 MW
Chandrapur PSP with Solar Power Project 60 MW

The projects will be financed in a debt-equity ratio of 80:20 (80% through borrowed money and 20% through the government’s money). The state government does not accept any liability for the projects.

Moreover, a 70 MW Solar Power plant at Khudigaon Part-II under Bilasipara Revenue Circle, Dhubri district also got a nod from the cabinet. The energy generated from the project would be sold to APDCL (Assam Power Distribution Company Limited). The plant will be developed in Build-Own-Operate mode.

In the past year, the Assam government has announced many solar energy projects to reduce its dependence on fossil fuels. In August, the state government announced plans to invest ₹10,000 crores to develop 2000 MW of solar capacity. Moreover, in October, APDCL signed an MoU with power giant SJVN to develop floating solar projects of 1 GW capacity.

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Resource: ET Energy

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