Clinton Foundation mulls world's largest solar project in Gujarat

Clinton Foundation mulls world's largest solar project in Gujarat

Maulik Pathak & Ashish Amin / Ahmedabad August 8, 2008, 0:59 IST

US-based foundation to set up Rs 20,000-crore Integrated SolarCity.

This could well be the world’s largest solar power project at a single location if all goes as planned.

The US-based Clinton Foundation is in talks with the Gujarat government to set up an ‘Integrated Solar City’ project with a capacity to generate a 5,000 Mw over a period of time.

The project, tagged as one of the largest foreign direct investment (FDI) into the state, will also be a landmark project as the cost of power generation is likely to be 70 per cent less — around Rs 20,000 crore — than the conventional cost of generation, say sources close to the development.

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