Clover Solar to kickstart 2 MW Project in Pune

Clover Solar which recently signed an MoU with NTPC Vidyut Vypar Nigam for under the Jawaharlal Nehru National Solar Mission (JNNSM) to set up a solar power plant ( Read : List of MoUs with NTPC Vidyut Vyapar for Setting up Solar Power Plants ) has commenced pre project activities.

The project involves setting up a 2 MW solar power plant at Supa near Pune with an investment of Rs.350 million. The company plans to commission the unit by March 2011.

[ This is one of the two projects that signed MoU with NTPC Viduyt Vyapar, to begin the project work. The other project is Videocon's 5 MW Solar PV plant ]

The company is in talks with some private equity players and clean-tech funds to raise resources to fund its expansion and is eyeing around Rs 50-crore. The company may dilute about 25% equity.

Address : Clover Solar Pvt Ltd, 135-B, Mittal Tower, Nariman Point, Mumbai-400021,Maharashtra .Tel 022 22871615 Fax No.: 022 22881318 . Email : info@cloversolar.com

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Related posts:

  1. Jawaharlal Nehru National Solar Mission – Updates
  2. NTPC Vidyut Signs MoU with 16 Solar Power Producers to buy 84 MW
  3. Adani to Commission 40 MW Solar Power Project in December 2011
  4. Demonstration Project for grid interactive solar power projects.
  5. Astonfield Solar to set up wind power projects.
  6. Gujarat Power Plans Solar Park at Patan
  7. New Solar Power Projects in Orissa
  8. Financial assistance for Solar Substations

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