TUSCO Ltd.: Difference between revisions

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(Created page with " TUSCO Ltd, a joint venture renewable company of the THDC India Ltd and the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA)<ref>https://energy.economictimes.indiatimes.com/news/renewable/pm-modi-to-lay-foundation-stone-of-ultra-mega-solar-park-in-jhansi/87791056</ref> ==Background== Ministry of New and Renewable Energy(MNRE), Government of India, has allocated 2000MW of Mega Renewable Energy Power Parks (UMREPPs) to be developed in the state of UP. A...")
 
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TUSCO Ltd, a joint venture renewable company of the THDC India Ltd and the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA)<ref>https://energy.economictimes.indiatimes.com/news/renewable/pm-modi-to-lay-foundation-stone-of-ultra-mega-solar-park-in-jhansi/87791056</ref>
'''TUSCO Ltd''', a joint venture renewable company of the THDC India Ltd and the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA)<ref>https://energy.economictimes.indiatimes.com/news/renewable/pm-modi-to-lay-foundation-stone-of-ultra-mega-solar-park-in-jhansi/87791056</ref>


==Background==
==Background==
Ministry of New and Renewable Energy(MNRE), Government of India, has allocated 2000MW of Mega Renewable Energy Power Parks (UMREPPs)  to be developed in the state of UP. Accordingly, a Memorandum of Understanding (MoU) between THDCIL and Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) was signed on 06.08.2020 for formation of a Joint Venture Company, which came to be known as TUSCO Limited.
Ministry of New and Renewable Energy(MNRE), Government of India, has allocated 2000MW of Mega Renewable Energy Power Parks (UMREPPs)  to be developed in the state of UP. Accordingly, a Memorandum of Understanding (MoU) between THDCIL and Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) was signed on 06.08.2020 for formation of a Joint Venture Company, which came to be known as TUSCO Limited.


TUSCO Ltd., the JV Co. of THDCIL and UPNEDA with equity participation of THDCIL and UPNEDA in the ratio of 74:26 respectively, was incorporated on 12th September 2020.<ref>https://www.pv-magazine-india.com/2021/11/16/pm-narendra-modi-to-lay-foundation-stone-of-600-mw-solar-park-in-jhansi/</ref>
TUSCO Ltd., the JV Co. of THDCIL and UPNEDA with equity participation of THDCIL and UPNEDA in the ratio of 74:26 respectively, was incorporated on 12 September 2020.<ref>https://www.pv-magazine-india.com/2021/11/16/pm-narendra-modi-to-lay-foundation-stone-of-600-mw-solar-park-in-jhansi/</ref>


==Projects==
==Projects==
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===800 MW UMREPP at Chitrakoot===
===800 MW UMREPP at Chitrakoot===
MNRE has accorded in-principle approval to M/s TUSCO Ltd. for setting up 800 MW UMREPP at Tehsil Mau in District Chitrakoot on 18.08.2021. The land requirement for Chitrakoot Solar Park is 4000 acres (approx.) and the area of land spreads across the  9 villages namely Kharagdah, Chhataini Mafi, Manka Chhataini, Gahur, Kotwa Mafi, Dondiya Mafi, Kataiya Dandi, Chharehara and Chachokhar. Total private land approx. 2677 acres and government land approx. 1323 acres have been identified for the project. The process of land acquisition for the solar project is underway. The land for the solar project is being acquired on lease basis for 30 years. Chitrakoot Solar Park is expected to be commissioned by December 2025.<ref>https://www.indiatoday.in/india-today-insight/story/how-bundelkhand-is-powering-up-s-solar-industry-1760719-2021-01-19</ref>
MNRE has accorded in-principle approval to M/s TUSCO Ltd. for setting up 800 MW UMREPP at Tehsil Mau in District Chitrakoot on 18.08.2021. The land requirement for Chitrakoot Solar Park is 4000 acres (approx.) and the area of land spreads across the  9 villages namely Kharagdah, Chhataini Mafi, Manka Chhataini, Gahur, Kotwa Mafi, Dondiya Mafi, Kataiya Dandi, Chharehara and Chachokhar. Total private land approx. 2677 acres and government land approx. 1323 acres have been identified for the project. The process of land acquisition for the solar project is underway. The land for the solar project is being acquired on lease basis for 30 years. Chitrakoot Solar Park is expected to be commissioned by December 2025.<ref>https://www.indiatoday.in/india-today-insight/story/how-bundelkhand-is-powering-up-s-solar-industry-1760719-2021-01-19</ref>
==References==
{{Reflist}}
{{Uncategorized|date=October 2023}}

Latest revision as of 20:39, 7 October 2023

TUSCO Ltd, a joint venture renewable company of the THDC India Ltd and the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA)[1]

Background[edit]

Ministry of New and Renewable Energy(MNRE), Government of India, has allocated 2000MW of Mega Renewable Energy Power Parks (UMREPPs) to be developed in the state of UP. Accordingly, a Memorandum of Understanding (MoU) between THDCIL and Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) was signed on 06.08.2020 for formation of a Joint Venture Company, which came to be known as TUSCO Limited.

TUSCO Ltd., the JV Co. of THDCIL and UPNEDA with equity participation of THDCIL and UPNEDA in the ratio of 74:26 respectively, was incorporated on 12 September 2020.[2]

Projects[edit]

600 MW UMREPP at Jhansi[edit]

MNRE has accorded in-principle approval to M/s TUSCO Ltd. for setting up 600 MW UMREPP at Tehsil Garautha in District Jhansi on 13.10.2020. The foundation stone for Jhansi Solar Park was laid by Hon’ble Prime Minister Sh. Narendra Modi on 19.11.2021. The land requirement for Jhansi Solar Park is 3000 acres (approx.) and the area of land spreads across 8 villages namely Sujanpura, Jalalpura, Jaswantpura, Nadaura, Bararu, Pura, Khadaura and Moti Katra. The land identified for the project is mostly private land (approx. 2625 acres) with some portion of government land (approx. 375 acres). The process of land acquisition and site development is underway. The land for the solar project is being acquired on lease basis for 30 years. Jhansi Solar Park is expected to be commissioned by December 2024.[3]

600 MW UMREPP at Lalitpur[edit]

MNRE has accorded in-principle approval to M/s TUSCO Ltd. for setting up 600 MW UMREPP at Tehsil Talbehat in District Lalitpur on 13.10.2020. The land requirement for Lalitpur Solar Park is 3000 acres (approx.) and the area of land spreads across the 9 villages namely Jharar, Kadesara Kalan, Barama Bihar, Shahpur, Sarkhadi, Pawa, Piprai, Talbehat Andar (Khandi) and Gevra-Gundera. Total private land approx. 2137 acres and government land approx. 863 acres have been identified for the project. The process of land acquisition for the solar project is underway. The land for the solar project is being acquired on lease basis for 30 years. Lalitpur Solar Park is expected to be commissioned by September 2025.[4]

800 MW UMREPP at Chitrakoot[edit]

MNRE has accorded in-principle approval to M/s TUSCO Ltd. for setting up 800 MW UMREPP at Tehsil Mau in District Chitrakoot on 18.08.2021. The land requirement for Chitrakoot Solar Park is 4000 acres (approx.) and the area of land spreads across the 9 villages namely Kharagdah, Chhataini Mafi, Manka Chhataini, Gahur, Kotwa Mafi, Dondiya Mafi, Kataiya Dandi, Chharehara and Chachokhar. Total private land approx. 2677 acres and government land approx. 1323 acres have been identified for the project. The process of land acquisition for the solar project is underway. The land for the solar project is being acquired on lease basis for 30 years. Chitrakoot Solar Park is expected to be commissioned by December 2025.[5]

References[edit]