The
project,
to
be
built
in
Gujarat
state,
will
cost
about
20-30bn
yen
($214m-$321m),
The
Nikkei newspaper
says.
Mizuho
signed
a
deal
with
Gujarat
authorities
in
January
and
plans
to
sell
the
electricity
generated
to
the
state
utility.
Gujarat
has
installed
almost
700MW
of
PV
power
capacity
and
has
a
target
to
reach
3GW
by
the
end
of
2015.
Mizuho
has
backed
a
number
of
solar
projects
in
Japan
and
overseas.
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