A bidding team led by Zebasolar’s Indian unit has won the concession to build a 10MW solar photovoltaic power station in Gujarat. The award comes as part of a government plan for 743MW of solar farms to be developed in the Indian state and is the company’s first in the country.
Featuring a €35 million investment on the part of Zebasolar Pvt. Ltd. India (an 85% subsidiary of Zebasolar Inc. USA), the Gujarat PV project will produce 16.37 million kW-hours per year and have a franchised operation term of 25 years.
Majid Khan, director of Zebasolar India, said that “the project is expected to start construction within five months and has to be completed within the six following months,” adding that the plant is estimated to come online in mid-2010.
The installation will be a ground-mounted PV tracker system; the company said it is in the process of of setting up the Gujarat joint venture company and confirming the EPC (engineering, procurement, and construction) contract.
