Tangedco to reduce loss with new system
POWER & RENEWABLE ENERGY

Tangedco to reduce loss with new system

To avoid long-term Private Purchase Agreements and create more assets, the Tamil Nadu Generation and Distribution Corporation (Tangedco) is set to use the Design, Build, Own, Operate, and Transfer (DBOOT) method for the first time.

Using this method, the state-owned utility plans to issue an e-tender in the first week of January for 1,000 MW solar parks in six districts, Electricity Minister V Senthil Balaji told TNIE. A senior Tangedco official added that the plants would be installed on 3,293 acres in the six districts of Tiruvarur, Chengalpattu, Karur, Salem, Erode, and Kancheepuram. Foreign investments are also expected as a result of the e-tender.

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To avoid long-term Private Purchase Agreements and create more assets, the Tamil Nadu Generation and Distribution Corporation (Tangedco) is set to use the Design, Build, Own, Operate, and Transfer (DBOOT) method for the first time. Using this method, the state-owned utility plans to issue an e-tender in the first week of January for 1,000 MW solar parks in six districts, Electricity Minister V Senthil Balaji told TNIE. A senior Tangedco official added that the plants would be installed on 3,293 acres in the six districts of Tiruvarur, Chengalpattu, Karur, Salem, Erode, and Kancheepuram. Foreign investments are also expected as a result of the e-tender. Also read: This aims to cut energy consumption by half during building design and co.. Steel imports from Russia jump over 400% in Apr-Nov period

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