JSW Energy Limited, a part of JSW group, is soon coming out with its Initial Public Offer to raise Rs.3000 for its under construction 3000MW power projects. With this JSW Energy is targeting to be a leading power generator by 2015 with 11,400MW generation capacity.
JSW Energy is distributing its business and investments into renewables such as Solar Energy. As per the draft offer document, JSW Energy has been allotted a 5 MW Solar Power Plant based on photo voltaic technology by the Government of Gujarat. Apart from this it is also proposing solar power plant in Rajasthan with a capacity of 5-10MW. It is also exploring different technology options and suppliers.
As per the Gujarat policy 2009 a slew of incentives are available to prospective developers who want to set up solar projects in state. The Gujarat government has set a tariff of Rs 13 per KWhr for 1st twelve years,to know details about tariff of various states click here (for Gujarat Policy)
The company has installed 560 MW capacity power project in Karnataka and is implementing a 1,200 MW coal-based power project in Maharashtra and a 1,080 MW pit head lignite project in Rajasthan. The company also has one Hydro electric project of 240 MW under implementation in Himachal Pradesh.
JSW is planning to develop a 3,200 (4x800) Mw coal based power plant at Ratnagiri in Maharashtra near the upcoming 1,200 Mw and the second phase of the 2x135 MW power plant at Barmer in Rajasthan. Other projects are a 1,320 Mw coal-based thermal plant at Chhattisgarh, a 1,600 Mw domestic coal-based power plant in West Bengal and a 1,620 Mw coal-based thermal plant at Jharkhand.
Source:Solarindiaonline
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