Jakson Power Bags 2 New Solar Infra Orders worth INR 810 million
Jakson Power Solutions, India's leading power solutions company, today announced that the company has secured two new orders aggregating to INR 810 million for setting up infrastructure for generation of solar power.
- (1888PressRelease) July 03, 2013 - The orders include Solar Power Plant EPC and supply of Solar Inverter Substations for various Solar Photovoltaic power plants in India.
Jakson recently secured an order aggregating INR 470 million from Refex Energy Limited, a major EPC player in the Indian market to supply 42 numbers of Solar Inverter Substations (SISS) for their various projects in Rajasthan and Andhra Pradesh. These installations are targeted to generate 60 MW of solar power and are slated to be completed by October 2013.
The company has also bagged a highly prestigious EPC order from BHEL valued at approximately INR 340 million for the construction of 10 MW solar power plant for NTPC in Talcher, Orissa. PV Module for this project will be supplied by BHEL. Construction of the solar power plant will begin in the July, 2013, and is targeted to be complete within four months.
Apart from the aforesaid orders, the company has also been registered as a System Integrator with CREDA (Chhattisgarh State Renewable Energy Development Agency, Department Of Energy, Government of Chhattisgarh) for the FY 2013-14. Under this registration, the company plans to implement more than 500 KWp off- grid decentralized Solar PV power plants in the state this year.
Mr. Sundeep Gupta, Joint Managing Director, Jakson Power Solutions said, "We are proud of our technological strengths, which helped us bag these two prestigious orders.
Jakson Power's strong foot print in the power solutions business is moving to the next level of growth. These orders will reinforce our expertise in providing highly reliable and advanced solutions in solar industry".
About Jakson Power Solutions (http://www.jakson.com)
Established in 1945, Jakson is one of the leading Power Solutions Group in India today. With 4 companies in its fold, the group has a strong presence in various sectors. The group has more than 1800 employees and its current revenues exceed Rs. 1350 crores with a sales and service network spread across India, Nepal, Bangladesh and Singapore.
The group manages diverse business interests in the areas of Power Generation, Power Distribution, Solar Power, Electrical Contracting, International business and Hospitality delivering comprehensive services in the market.
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