Flagship refiner-marketer IndianOil Corporation is setting up a grid-linked solar power plant worth about Rs 100 crore at Barmer in Rajasthan, even as the state-run firm sharpens focus on non-conventional energy sources in an attempt to supplement fossil fuels earnings with carbon credits and move towards a green future.
Sources said IndianOil will set up the plant as an equal venture with government-run power equipment manufacturer Bhel. The plant will be set up on a parcel of land belonging to the oil company's marketing division, while Bhel will supply the panels and other paraphernalia. Most of the electricity generated from the plant will be sold to the general grid, while some quantity may be used for captive use.
more at:
http://timesofindia.indiatimes.com/India/IndianOil-eyes-Rs-100-cr-solar-power-plant-in-green-thrust-/articleshow/6128173.cms
Sunday, July 4, 2010
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