35 MW solar plant coming up at Vinukonda.

The solar power industry is set for a boom in coming years as a 35 mega watt solar power plant is coming up near Vinukonda, about 90 km.

Being developed by a business group with interests in automobile, infrastructure and tobacco, the solar power plant is on the verge of financial closure. Industrial firms in the district are betting big on solar power as they are keen on tapping the opportunity in renewable energy industry.

With the tremendous hype generated over the success of solar power model in Gujarat, local firms were hoping that the NDA government would push for more incentives in solar power industry.

According to District Manager of New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP), at least three firms have evinced interest in setting up of 3 MW solar plants mostly in upland areas of the district. Two firms, including the Blue Diamond Soaps owned by Manikvel, have already set up 1 MW solar power plant apiece.


THE HINDU