Electrotherm to invest in Solar Thermal Plant in Gujarat

By Narsi Santhanam • Sep 25th, 2009 • Category: Uncategorized

Electrotherm to invest Rs 700 crore for solar plant in Guj To set up 40 MW thermal plant in 500 acres in Banaskantha

Electrotherm Renewables – a division of Electrotherm (India) Limited, is investing between Rs 700 crore and Rs 800 crore for setting up a 40 Mw solar thermal power plant in Banaskantha. While Electrotherm is still on the lookout for a 500 acre land, the company is expecting some assistance from Gujarat Energy Development Agency (GEDA).

As of now, Electrotherm Renewables has launched its solar water heating system under the brand name ‘Electra’.

About the Author

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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