Reliance Power to Complete Solar-Thermal Plant in March

Reliance Power Ltd., controlled by billionaire Anil Ambani, expects to complete a 100-megawatt solar-thermal plant by March, 10 months behind schedule.

The 21-billion-rupee ($336 million) project in Rajasthan has begun pre-commissioning activities, including steam blowing, the company said today in an e-mailed statement. “The project is all set to be commissioned by March 2014,” it said.

Seven Indian solar-thermal plants missed deadlines to start operating in May this year, hobbled by escalating costs and difficulties importing equipment. Only one has been finished, Godawari Power & Ispat Ltd.’s 50-megawatt plant, in June.

Solar-thermal plants use mirrors to focus sunlight on liquids to produce steam for turbines.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE