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India Plans 4,000-Megawatt Solar Farm in Rajasthan State

Sept. 26 (Bloomberg) -- India plans to build a 4-gigawatt solar farm, more than doubling its total capacity to date.

State-run companies including Bharat Heavy Electricals Ltd., Power Grid Corp. of India Ltd., SJVN Ltd. and the Solar Energy Corp. of India will form a joint venture to complete the first gigawatt by the end of 2016, according to an e-mailed statement from the Department of Heavy Industry.

The farm will be built near Sambhar Lake in Rajasthan state to supply power to government distribution companies through the national grid, the department said.

India had 1.8 gigawatts of solar capacity as of July 31, according to the Ministry of New and Renewable Energy. The biggest photovoltaic project is a 150-megawatt plant in Maharashtra state, according to Bloomberg New Energy Finance.

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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