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India Power Corporation commissions solar power plant in Uttarakhand

30 May 2017 Evaluate

India Power Corporation has commissioned a solar power plant of 36 MegaWatt (MW) in Uttarakhand. In this regards, the company has invested Rs 225 crore. This follows its successful acquisition of 1,000 MW thermal power plant of Meenakshi Energy, owned by the French power giant ENGIE.

Moreover, the company is also setting up a 450-MW (150 MW x 3) power plant in Haldia, West Bengal. The first unit has been commissioned, the second unit will start in 2017-18 and the final one by the end of next financial year. The investment is around Rs 3,500 crore.

Peers
Company Name CMP
NTPC 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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