Jakson Power Solutions, which today inaugurated its first 20 MW solar power plant in Rajathan, says it plans to build up its solar power capacity to 100 MW over the next three years.
The company has also acquired 250 acres of additional land at the same site for developing solar farms and plans to scale up the capacity to 100 MW in next 3 years, says a press release from Jakson.
The 20 MW plant was won through a competitive bidding process under the Phase I Batch II of the National Solar Mission. Jakson won the project quoting a tariff of Rs 8.61 per kWhr.
Under the second batch of the first phase of the Mission, 340 MW of solar projects were awarded. The state-owned NTPC Vidyut Vyapar Nigam Ltd (NVVM) would buy power produced by these solar plants at tariffs quoted by winning bidders.
Jakson Power Solutions is also into building solar power plants for other companies and has orders worth 40 MW on hand, the release says.