INR 800 Cr.
a. CLP India, a subsidiary of HK$ 30 billion Hong Kong-based CLP Group and CDPQ, which has set up a 100 MW solar power plant at Veltoor, Mahbubnagar district, Telangana, with an investment of Rs 750 crore, is planning to further strengthen its presence in the State.
b. Veltoor, Telangana plant has the distinction of being the world’s first solar plant to get certified by DNV GL of Norway. It is also one of the first solar plant to use trackers that move the panels in the direction of Sun.
c. Sharing the importance of operating in the State, Rajiv Ranjan Mishra, CEO, CLP India, told Telangana Today, “Telangana has a competitive advantage in the solar space. We will actively pursue more opportunities in solar. We are also identifying ideal sites for wind power projects that have high wind speeds so that we can provide power at a lower tariff. We are hoping to make our bid for wind power soon. We are keen to make more than one investment in the State. We are also scouting for right renewable energy assets for acquisition in Telangana.