By 2030, Tamil Nadu Intends to Build 20,000 MW of Solar Power at Rs 70,000 Crore

By 2030, Tamil Nadu Generation and Distribution Corporation (Tangedco) plans to build solar power plants with a capacity of 20000 MW at Rs 70,000 crore.

According to a senior Tangedco official, this action will cut the amount of power acquired from private companies, expand renewable energy resources, and minimize the state’s carbon footprint. The cost of putting up 1 MW of solar power is estimated to be around Rs 3.5 crore.

By March 2022 the tender will be finalized and by April the work will be commenced.

The location of the solar power plant will be determined depending on the project consultant’s suggestion and climatic circumstances.

According to the official, installing 1 MW of power requires five acres of land, while constructing a 20000 MW power plant will want roughly 1,00,000 acres of land.

As per the corporation, the Chief Minister’s office has already asked district collectors to identify land lots.

By the end of the year, the Tamil Nadu Power Department expects to have completed the building of a 1000 MW power plant. Tamil Nadu Generation and Distribution Corporation (Tangedco) has set a 2030 completion date for the 20000 MW project.

The overall installed power capacity in Tamil Nadu is 37,500 MW, with 15,250 MW coming from renewable energy sources, as per the corporation official.

Tamil Nadu Generation and Distribution Corporation (Tangedco) now has small rooftop solar power plants and purchases power from private providers at a rate of Rs 7.01 per unit.

Tangedco will also require storage batteries, as the company now only has batteries capable of storing power up to 1 MW.

According to the source, the firm will need to purchase batteries to store 20000 MW of power generated once all of the solar projects are operational by 2030.

Click Here for more updates

Resource: Economic Times

solar edge advertisement