Reliance Power to Complete SolarThermal Plant in March

By Natalie Obiko Pearson - Nov 29, 2013 2:00 PM GMT+0530

Reliance Power Ltd. (RPWR), 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. To contact the reporter on this story: Natalie Obiko Pearson in Mumbai atnpearson7@bloomberg.net To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net