Vedanta-Electrosteel (ESL) has announced plans to set up an 18 MW solar power generation unit in Bokaro. The project is expected to be completed by March 2021. ESL operates a 1.5 million tonnes per annum integrated steel plant near Siyaljori village in Bokaro district. On this move, ESL has already invited Expression of Interest (EOI) from competent companies with relevant experience in the installation, operation and maintenance of a solar power plant, informed a Public Relations official of ESL.The solar power plant will be set up on a Build-Own-Operate (BOO) basis.
A total of 15 bidders from various parts of India have shown their interest in installing the plant, he said. After installation of the18 MW solar plant, the company is expected to reduce 30 MU power imports per year, leading to significant cost savings.