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Replies to #475 on P2Solar (PTOS)
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kingthorpe

08/02/09 1:20 PM

#477 RE: Givntake83 #475

Givntake...take a look at some other projects in India....also note the people involved...a 25 MW project is going to be HUGE compared to these other projects..

http://www.p2solar.com/images/stories/punjab-project-1.jpg
far left) Mr. Raj-Mohinder Gurm, CEO, P2 Solar; (3rd from left) Mr. Parkash Singh Badal, Chief Minister of Punjab.

15 Jul 2009
Punjab, United State company ink pact for solar power project


A memorandum of understanding (MoU) for setting up of 5 MW solar power project in Punjab was inked between Punjab Energy Development Agency (PEDA) and the US-based Enterprise Business Solutions (EBS) Group in the presence of Punjab Chief Minister Parkash Singh Badal.

EBS president Jessie Singh said this project would be one of the biggest solar projects in Asia involving an investment of Rs100 crore and would be commissioned within 18 months.

A spokesman of the Chief Minister’s Office said the EBS group further intimated that the company was in the process of purchasing land for setting up of the project near Garhshankar in Hoshiarpur district and it had already deposited the necessary performance security with PEDA.

T.P.S. Sidhu, Chief Executive, PEDA, who signed the MoU on behalf of PEDA, said the project was being set up under the National Renewable Sources of Energy (NRSE) Policy-2006 and tariff for sale of power from the plant would be applicable in accordance with the Punjab State Electricity Regulatory Commission (PSERC) tariff order.

The work on two other solar power projects of 1 MW capacity by M/s Bharat Petroleum Corporation Ltd. at Lalru and 2 MW capacity by US based M/s Azure Power (Punjab) Pvt. Ltd., at Awam village in Amritsar district has already commenced and these would be commissioned by December 2009, he added.