P2 Solar to Build Solar Power Station in Punjab

By Narsi Santhanam • Aug 27th, 2009 • Category: Uncategorized

P2 Solar has signed a Memorandum of Understanding (MOU) with a Punjab Government Agency to build a 25 MW Solar Power Station in the Indian State of Punjab.

The company will submit the pre-feasibility report to the government agency. Once submitted, the report will be reviewed and the government agency will make a final determination about the feasibility of the proposed Solar Power Station.

If the government agency approves the pre-feasibility report, P2 Solar anticipates that in conjunction with such approval, it will enter into an Implementation Agreement with the government agency and simultaneously a Power Purchase Agreement with the Punjab State Electricity Board pursuant to Clause 8 of the New and Renewable Sources of Energy (NRSE) Policy – 2006 established by the Government of Punjab.

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Narasimhan (Narsi) has extensive experience in understanding renewable energy markets and strategic levers for success in these markets. His special focus has been his work on the Indian renewable energy industry. His work in the previous 15 years have spanned market and industry research, product management and international sales, and strategic consulting. see more http://www.eai.in/ref/team/ns.html

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