Kerala State Electricity Board (KSEB) is to set up a 200-megawatt solar park at Kasargod in north Kerala. KSEB has formed a joint venture company, Renewable Energy Corporation of Kerala, to develop the project.
According to Manoramaonline.com, the KSEB board of directors decided to invest Rs 50 lakh initially for the project.
The government acquired 500 acres for the park. And of the 200 megawatts half the capacity is to be developed by central public sector enterprises, the Indian Renewable Energy Development Agency and the Tehri Hydroelectric Development Corporation India Limited.
The remaining 100MW project would be implemented by the Ministry of New and Renewable Energy (MNRE) under the viability gap funding (VGF) scheme.
Ajith Kumar S