RENEWABLE ENERGY

India plans to thwart Chinese firms from participating in Ladakh solar project

India is exploring ways of denying Chinese firms from participating in the marquee 7.5 gigawatt (GW) solar power development contract in Ladakh that also involves setting up a 900-km strategic power transmission link to help supply electricity across the country, said two people aware of the development.

The deadline for bid submission for the tender is 31 July and comes in the backdrop of India leveraging its growing power sector market to ready an economic response against China. Even as tensions between the Himalayan neighbours have abated a notch, India is focussing on upgrading infrastructure in the border areas.

According to the present contours of the scheme, a foreign company is allowed to participate on standalone basis or as a member of consortium. State-owned Solar Energy Corporation of India (SECI) is running the selection process for setting up 7.5 GW of grid connected solar projects in Leh and Kargil districts and will sign a 35-year long power purchase agreements (PPA) with the successful bidder.

Source
Livemint
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