PLG Launches Its 40 MW Solar Power Generation Plant in Gujarat
PLG has got the distinction of becoming the very first company to come up with 40 MW of solar power generation at a stretch in India.
Mumbai, Maharashtra -- (SBWire) -- 04/05/2011 -- PLG Power Limited is the flagship energy and Power division of the 3500 cr. PLG Group has started its 40 MW Solar Power Generation Plant in Patan near Ahmadabad. PLG is one of the leading manufacturers of crystalline PV modules in India with their manufacturing plant at Sinnar, Nasik.
The Company has already signed the PPA (Power Purchase Agreement) for the generation of 40MW Solar Power with the government of Gujarat. PLG has got the distinction of becoming the very first company to come up with 40 MW of solar power generation at a stretch in India. PLG Power has the equity participation of 20 MW with Zamil of Saudi Arabia and 20 MW with Ashburg of U.K.
CEO of the Company Mr. Punit K.Goyal Informed that The Power generation of 40 MW will be into four phases of 10 MW each. 1st phase of 10 MW is likely to be connected shortly for the power generation. And all 4 phases of 40MW Power generation will be completed by the end of next financial year.
PLG Power is one of the biggest EPC Contractor for setting up grid connected solar power plants in the country. Other then the Patan project, we have many projects lined up which involves huge investments as mentioned by Mr. Pramod Goel CMD of the company.
PLG Group of Companies have been serving the nation for last Seventy five years and have Global business activities with the broadest presence across the human value chain.PLG intends to complete the entire value chain of the Solar Photovoltaic industry in future. PLG with its broad vision wants to be the world’s leading company in solar sector. Mission is to provide competitive and innovative solutions to meet the needs for clean renewable energy.
About PLG Power – PLG Power Ltd is the flagship Company and Power division of the PLG Group. PLG Power’s first PV Modules manufacturing plant, which is located in Sinnar, India, was set up in 2008 under the technical and Trunkey collaboration with Spire Corporation. It has an installed capacity of 25 MW, which is currently being expanded to the 50 MW until it reaches the capacity of 150 MW.
About PLG Group
PLG is one of India’s biggest, well established corporate houses. PLG Group imports petrochemicals worth 250 Million USD annually and is one of the largest importers in the country. The group is diversified into various activities under its various flagship companies and is into Petrochemicals, Plastics, Food Industry, Financing Blue Chip Companies,Retailing, Farm Houses, Solar PV Modules Manufacturing as well as engineering, Procurement and construction of solar farms.
For further information please contact
Pratiksha Nawale
Executive - PR
PLG Power Limited
Tel: +91-22-42309500
Email: pratiksha@plgpower.com
Website: http://www.plgpower.com
Media Relations Contact
Pratiksha Nawale
Executive - PR
PLG Power Limited
020 - 42309500
http://www.plgpower.com
View this press release online at: http://rwire.com/86237