A 100-megawatt (MW) solar energy park is to come up in Ramanathapuram district, one of the economically backward districts of the State, at a cost of Rs. 920 crore.
To be established over 500 acres in Paramakudi taluk, the park project will be promoted under the public-private partnership mode. “This will be the country’s first solar energy park to be set up through the PPP mode,” according to an official release.
A memorandum of understanding was signed on Thursday in the presence of Chief Minister Jayalalithaa by Principal Secretary/Chairman-cum-Managing Director of the Tamil Nadu Industrial Development Corporation (TIDCO), Hans Raj Verma, and CMD of Raasi Green Earth Energy, C. Narasimhan.
The release added that it had been planned to complete the project in 12 months. This would facilitate generation of employment, directly and indirectly, to a total of about 2,000 persons. This would be the first project to be implemented under the Solar Energy Policy 2012 of the State government. The policy envisaged implementation of solar power projects to the tune of 3,000 MW by 2015.
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