We had mentioned in February this year that, 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.
Martifer Solar, a subsidiary of Martifer SGPS, is pleased to announce its technical tie up with Louroux Bio Energies Ltd., a group company of Inspira Infrastructure Ltd, for setting up a 25 MW Solar PV power generation project in Gujarat (India).
The project is being set-up near Rajkot in Gujarat, and is due to be delivered until the 31st of December 2011, in multiple phases.
According to Mr. Ravi Agrawal, Louroux’s Managing Director: “Our tie up with Martifer Solar is a major step for the successful realization of this plant. Their international experience, with more than 130 MW installed worldwide, confirms that they are the best partner for our solar project. We are looking forward to increasing our relationship with Martifer Solar in future projects.”
“We are really satisfied with this agreement and our success in India. This project is just the beginning of Martifer Solar’s operations in one of the most promising solar markets and strengthens the excellent relationship established with Louroux during this year, confirming the expectations for future cooperation between both companies”, stated Mr. Henrique Rodrigues, Martifer Solar’s CEO.