Adani Power is reportedly planning to set up a new 1,000 megawatt (Mw) solar park in Tamil Nadu. The proposed energy park is likely to attract around Rs 7,000-crore investment. 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. Going by the current market value, to set up a 1 Mw solar-based power plant, the company would need around Rs 7 crore.
Adani Power is engaged in the business of generation, accumulation, distribution and supply of power and to generally deal in electricity and to explore, develop, generate, accumulate, supply and distribute or to deal in other forms of energy from any source whatsoever.
