Adani plans 1,000-MW solar park in Tamil Nadu.

After announcing solar parks in Gujarat and Rajasthan, Adani Power has firmed up plans to set up a 1,000-megawatt (MW) one in Tamil Nadu. The proposed energy park is likely to attract around Rs. 7,000-crore investment.

Although an Adani spokesperson declined to comment, a state government official and sources in the company confirmed the development.

The sources said a deal had been signed with the state government and the project is at an 'exploratory' level.

Sources at the state government said the project would be developed in four phases.

The company is planning to set up the park at Kamuthi in Ramanathapuram district, around 550 km south of Chennai, and is in the process of acquiring approximately 5,000 acres, the sources said.

Going by the current market value, to set up a 1 MW solar-based power plant, the company would need around Rs. 7 crore.


BS