Alex Green Energy Wins India Solar Project With Record-Low Bid

27 Feb. 2012 by

BLOOMBERG - Alex Green Energy, a Kolkata-based developer of clean-energy plants, won the right to develop a 5- megawatt project in a solar auction in India’s eastern Odisha state, pledging to supply power at a record-low rate.

Alex Green has the option to develop the remaining 20 megawatts of photovoltaic capacity from the auction before it’s offered to other bidders, P.K. Mohan, chief executive officer of the Odisha Renewable Energy Development Agency, the state-run body overseeing the solar program, said by telephone today.


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