The Visakhapatnam Port Trust (VPT) through Jakson Engineers Limited (Noida) is setting up a 10 MW solar power plant in Visakhapatnam. It plans to commission 2 MW solar power plant in its first phase by January 15, 2016, whereas the remaining 8 MW would be commissioned by March 20, 2016. Jakson Engineers Limited would maintain it for seven years. Total project cost is estimated at Rs 60 crore, including annual maintenance cost of Rs 2.5 crore.
Extracted from ET, Nov 01 2015