Stone India forays into solar power projects
July 14th, 2010 - 8:02 pm ICT by IANSKolkata, July 14 (IANS) Multi-product engineering company Stone India has informed the Bombay Stock Exchange that the company’s board has cleared a proposal to get into solar power projects through its recently created special purpose vehicle, Stone Solar Private Limited.
Stone Solar will set up a number of solar farms at rooftop locations and vacant lands. It has submitted its initial proposal of one megawatt plant in West Bengal for pre-registration under the Jawaharlal Nehru National Solar Mission scheme.
In addition to setting up of such solar projects, Stone Solar will venture into manufacturing of photo-voltaic modules, grid connected converters as well as consulting and execution of turnkey projects, it said.
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Tags: bombay stock exchange, converters, engineering company, execution, forays, initial proposal, jawaharlal nehru, july 14, national solar, product engineering, s board, solar farms, solar power projects, solar projects, special purpose vehicle, stone india, turnkey projects, west bengal