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Maharashtra Seamless commissions 5MW solar power project

11 Jan 2012 Evaluate

Maharashtra Seamless (MSL) has commissioned 5MW (AC) solar power project on January 06, 2012 located at Pokaran, Jaisalmer district in Rajasthan. The project was allotted to the company under Jawahar Lal National Solar Mission (JNNSM) by NTPC Vidyut Vyapar Nigam (NVVN), the nodal agency under ministry of new and renewable energy (MNRE).

The power purchase agreement (PPA) for the project was signed on January 10, 2011 and as per the PPA the project was to be commissioned by January 09, 2012. The power plant will generate 9.855 million units of electricity annually.

Maharashtra Seamless is engaged in the business of manufacturing pipes and tubes. The company is part of Rs 3000 crore D.P. Jindal Group. It also manufactures ERW pipes and seamless pipes. The company is already in the field of renewable energy and is operating 20 wind mills producing 7 MW power in the Satara district at Maharashtra.

Peers
Company Name CMP
JSW Steel 1268.00
Tata Steel 184.75
Steel Authority 180.00
Jindal Stainless 750.90
APL Apollo Tubes 2270.65
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