Lightsource secures 50 MW solar project out of 450MW tendered in Maharashtra By Saur News Bureau/ Updated On Fri, Sep 23rd, 2016 British firm Lightsource Renewable Energy has announced that it has secured a 50 MW solar project out of 450MW tender floated by SECI in Maharashtra. The company in a statement said that this is the maiden solar project secured by Lightsource in India. It will receive benchmark tariff support of Rs.4.43/kWh, combined with viability gap funding (VGF) of Rs.1.96 million/MW. Nick Boyle, CEO, Lightsource said: “We are delighted to be taking the first steps towards our ambitions for investment in India’s solar PV market. The Indian government has a huge appetite for solar energy and we believe that Lightsource will contribute significantly towards their target.” Lightsource is one of the Europe’s most prolific developers of utility-scale solar photovoltaic (PV) projects. With PTI inputs Tags: green energy, Lightsource, Lightsource Renewable Energy, MNRE, Renewable Energy, SECI, Solar, Solar Energy, Solar Energy Corporation of India, Solar Power, Solar Project, solar tender