Post

SunEdison Builds Rural Solar Electric Grid

SunEdison Builds Rural Solar Electric Grid

Belmont, California based SunEdison Solar  is set to expand its base in India by installing a 159 kilowatt solar  micro-grids project to provide electricity to 4,875 people in six villages of India’s Madhya Pradesh state. SunEdison will begin construction in September and work with Rural Electrification Corporation, a Government of India organization, and the Madhya Pradesh Urja Vikas Nigam state agency.

The company’s current move bodes well since in the recent 2014 budget of Finance Minister Arun Jaitley, power generation though renewable sources was given high priority with the Indian Government allocating INR 1,000 crore for the development of solar power plants and solar parks. Lower taxes will be levied on solar power gear makers which in turn will reduce the cost of solar power panels. India plans to commission 20,000 megawatts of solar power projects by 2022.

Share

About Amritt

Who We Are

Small or big, your business will love our financial help and business consultations! We are happy when our clients are too… Actually, this is quite simple to achieve – because each time we help them in sorting out different accounting intricacies or save the day before filing the taxes, they are happy indeed! And so are we.   

We have over Twenty years of experience helping our clients succeed in India

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Blog
Page
Dictionary
Comparisons
Capabilities
India Business Guide
Services
Private
Speaking
Insights
White Papers
News
Newsletters
Clients
Case Studies
Companies In India
Webinars
Presentations
Industries