Louroux setting up 25MW Solar PV plant in Gujarat, India

Feb. 7, 2011 - PRLog -- Louroux Bio Energies Ltd, India, is setting up 25MW Solar PV power generation project in Gujarat, under the Gujarat State Solar Policy 2009. For this purpose, it has signed a Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Ltd (GUVNL), a Government of Gujarat undertaking.

The Project is being setup near Rajkot in Gujarat. Company has already signed an MOU for acquisition of 200 acres land required for the Project. The remaining formalities for acquiring land are expected to be completed before February 2011. The site has been selected keeping in mind highest irradiance and other advantages like grid connectivity, water availability and a dust free environment.

The project will be implemented over a period of 12 months and will be commissioned before 31st December 2011. The Company has already appointed a qualified and experienced team of professionals for implementing the project. The construction work on the site is scheduled to begin in the first week of March.

“Our concern on Environment and our commitment towards Green Energy is reflected in the new Solar Power Project in Gujarat. We are extremely optimistic on this initiative and are looking for more such opportunities in Green power.” said Mr. Ravi Agrawal, Managing Director, Louroux.

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About Louroux:

Louroux Bio Energies is a company dedicated to harness the potential of Solar and other renewable sources. Louroux is promoted by the founders of Ajanta Pharma Ltd. The company is based in Mumbai and is focussed on developing renewable energy projects in India. The group companies also include Inspira Infrastructure which is developing Special Economic Zones and townships in India.