Confirming the development, West Bengal Green Energy Development Corporation Limited (WBGEDCL) managing director S.P. Gon Chowdhury said, "Videocon has already initiated the process to purchase the required land for the project directly from the farmers. The company will start construction after the monsoon and generation will start within a year." He further added that this project will help in reducing 12,000 tonnes of carbon dioxide gas emission per year.

When contacted, a senior Videocon Group official Gautam Sengupta said, "We want to sign the power purchase agreement (PPA) with the West Bengal State Electricity Distribution Company Limited (WBSEDCL) soon. We will start land procurement once the PPA is signed."

He said that since the project involves huge investment, Videocon wants to ensure the signing of the PPA first before moving further with the project.

Mr Sengupta also revealed that the technology partner for the project has also been selected, but he refused to divulge further details.

Meanwhile, WBSEDCL sources said the PPA agreement with Videocon is likely to be signed in August itself.