Now Solar Energy Corporation to set up 1,000 MW solar park phase-2

Till recently NTPC Vidyut Vyapar Nigam Ltd (NVVN) , the public sector undertaking was vested with responsibility to set up 350 MW Solar power under National Solar Mission Phase -1 Program, which is also the buyer of the power produced under the ‘Phase-I solar plants

According to Tarun Kapur, Joint Secretary of Ministry of New and Renewable Energy, developing such a solar park of 1000 MW would be handled by newly formed Solar Energy Corporation as one of the Corporation’s activities.It is reported that MNRE is thinking in terms of mandating local content for projects that would be set up in the park.

The Solar Energy Corporation is a not-for-profit, “Section 25″ company, formed for the purpose of taking forward the objectives of the National Solar Mission, from the second phase onwards.