Mahindra, Azure, Hero willing to set up 100 MW solar plants in Odisha

Mahindra Susten, Azure Power and Hero Future Energies have expressed interest to set up solar plants of 100 MW capacity apiece in Odisha.

These proposals are in response to 200 MW tender floated by Gridco, the state run bulk power purchaser.

Quoting a Gridco official, a Business Standard report said: “We have received proposals from five leading players who have proposed to set up 100 Mw capacity solar units each in the state. These include Mahindra Susten, Azure Power and Hero Future Energies.”

It is said that Gridco, which is happy with the response, may increase the solar capacity by another 100 MW under the green shoe option. The BS report further said the technical bids recently invited by Gridco were oversubscribed.

Image Credit : bsmedia.business-standard.com

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