2009-09-21
India's Gujarat Plans World's Largest Solar Project. By Abhay Singh, Bloomberg, September 20, 2009. "Contracts to build the world's largest solar power facility in India's Gujarat state, valued at $10 billion and backed by former U.S. President Bill Clinton, will be awarded by January, a state government official said. The 3,000 megawatt project will get help with logistics and finding financing from the William J. Clinton Foundation, a charitable group started by the former president, said S. Jagdeesan, principal secretary, energy and petrochemicals in the government of Gujarat. The foundation and the Gujarat government signed a preliminary agreement on Sept. 8. 'The Clinton Foundation will help us in bringing manufacturers and power generators and also in providing access to international funding at cost-effective interest rates,' Jagdeesan said in an interview. 'They are facilitators. We will invest in the infrastructure.' The project may be developed on 10,000 hectares of land spread across three locations within an area of 150 square kilometers (58 square miles) in Gujarat."
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