Konark group came into being in the late seventies under the visionary management of Mr. Prakash Dalmia, who initially forayed into the textile business by manufacturing and marketing suiting fabric and later diversified into manufacturing specialty yarns. Later Konark diversified into real estate and now into renewable energy.
Konark’s energy division has an ambitious plan of installing more than 50 MW of wind power by 2012, in western and southern India.
The company has announced an ambitious plan in solar with a planned capacity of 110Mw with a planned capacity of 10MW in Gujarat, 50Mw in Rajasthan, 50MW in Maharashtra.
Konark group has received an allocation from the Gujarat government to set up a solar plant generating 5 MW and is aiming to commission the entire power project by the third quarter of 2011.
Konark has now invited proposals for Design, Engineering, Supply, Erecting, and Testing & Commissioning of 5 MW crystalline / thin film solar PV technology with associated HT over head distribution line up to power evacuation point including min. 5 years of operation and maintenance on turnkey basis for a EPC contract under the International Competitive Bidding process.
The power project will be developed in two phases of 1 MW and 4 MW each within a period of 9 months from date of signing the EPC contract.
The power plants will be a mix of both crystalline and thin-film technology. These Solar PV power plants would be using highest quality and efficiency modules and will be commissioned in precise timelines and under long-term Power Purchase Agreements (PPA) with various state governments.
Just a couple of days back, Gehrlicher Solar AG in JV with Greenforce Enviro to provide Solar EPC. The Solar EPC space has seen a lot of activity recently and Panchabuta has covered the developments in this space here, here and here.
This space is expected to see more action in the coming months as the projects for the first phase of Jawaharlal Nehru National Solar Mission (JNNSM ) are shortlisted from the reverse bidding that ends today. Panchabuta expects a lot of Solar project developers to come out with tenders for potential EPC partners.
Panchabuta understands after discussing with numerous project developers that, the EPC partner apart from providing the best technology would also need to enable funding of the project through their US/ Europe EXIM banks.