Tamil Nadu Generation and Distribution Corporation (TANGEDCO) is planning to set up solar power plants of 20,000 MW capacity at a cost of Rs 70,000 crore by 2030.
The move will reduce the quantum of power purchased from private companies, increase the renewable energy resources, and reduce the state's carbon footprint.
The corporation is likely to finalize the tender by 20 March 2022 and the work will begin in April 2022. The location for installing solar power plants will be finalized following the recommendation of the consultant of the project based on the climatic conditions.
For installing one MW of solar power plant, five acre of land is required and for 20,000 MW power plant, around 1,00,000 acre of land will be needed. Moreover, the Chief Minister's office has already directed the district collectors to identify land parcels.
TANGEDCO expects to complete the construction of a 1,000 MW power plant by the end of 2022. It has targeted to complete 20,000 MW project by 2030.
At present, the company has small solar power plants that are installed at rooftops and are purchasing power from private producers at Rs 7.01 per unit.
Apart from this, the corporation will have to procure batteries to store 20,000 MW of power that will be generated once all the solar plants are commissioned by 2030.
