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Essel to develop 5GW solar power project in Rajasthan, India


08 June 2015 by


 

 

Under the terms of agreement, the signatories will establish a 50/50 joint venture (JV) company, called Essel Saurya Urja Company of Rajasthan (ESUCRL), to oversee solar parks development project with an investment of Rs40bn ($623m) in Bikaner and Jaisalmer.

Essel will be responsible for financing, technical support, operation and maintenance of the project while the Rajasthan Government will provide the land required to develop the solar parks.

 

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