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Areva Says India Solar-Thermal Plant to Start by Year-End

A solar-thermal power plant that Areva SA (AREVA) is building for India’s Reliance Power Ltd. (RPWR) will start operating by the end of this year, the French manufacturer said.

The Press Trust of India reported last week that the 21 billion-rupee ($335 million) plant would start next month, which is wrong, the company said by e-mail in response to a query.

The 100-megawatt project missed a May deadline as authorities in Rajasthan state failed to lay a water pipe to the site in time, Reliance Power Chief Executive Officer Jayaram P. Chalasani said that month.

Solar-thermal plants focus sunlight on liquids to produce steam for turbines and are valued for their ability to deliver electricity around the clock. Areva is the biggest producer of nuclear reactors.

To contact the reporter on this story: Natalie Obiko Pearson in Mumbai at npearson7@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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