L&T bags Rs. 352-cr solar plant order from Raasi Green Earth

Engineering and construction major, L&T, has bagged a Rs. 352-crore contract for building a 100 MW solar plant for the Bengaluru-based Raasi Green Earth Energy Pvt Ltd. The plant is coming up in Ramanathapuram district of Tamil Nadu.

The plant will be commissioned by September, C Narasimhan, CMD of Raasi Green told BusinessLine .

Raasi will supply the power generated by the plant to the State’s electricity distribution utility, Tangedco, at a tariff of Rs. 3.47 a kWhr, for 25 years, Narasimhan said.

The plant will be connected to the Kavanur substation near Paramakudi.

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