Sri City to bid for solar projects

Sri City, south India’s largest private special economic zone (SEZ), has received its board’s approval to bid for solar-based power projects in six states. These are in Tamil Nadu, Andhra Pradesh, West Bengal, Rajasthan, Gujarat and Maharashtra.

“We will take up to 26 per cent in the each project,” said Ravindra Sannareddy, managing director of Sri City SEZ. The company has already acquired a stake in Sri Power, which is setting up a 2-Mega watt power plant in Andhra Pradesh, and is bidding for a project in Rajasthan

http://www.business-standard.com/india/news/sri-city-to-bid-for-solar-pr...