Tata BP Solar India Ltd, a joint venture of Tata Power and BP Solar, has three solar power projects totalling more than 30 megawatts in the state of Gujarat. These projects come under the first phase of the state solar power policy of the Gujarat government.
The projects are located in the Patan, Kutch and Mithapur areas of the state. Each solar power project will comprise of an array of solar photovoltaic modules of 230 Watts and above, laid out in a modular combination to generate power from solar radiation.
Each project will generate local employment and entrepreneurship since the company plans to use local contractors and labour force in the execution of these projects. The projects have to be completed by the end of the current year.
These plants are of different sizes between 5 and greater than 15 megawatts and are located in the northern and western belt of Gujarat, which is one of the sunniest areas in the country.
Power purchase agreement has been signed with theGujarat government agencies for 25 years under which the solar power will be sold at the rate of Rs 15 per unit for the first 12 years and at Rs 5 per unit for the remaining 13 years of the project life.
