BANGALORE: A solar plant in Pune is finalized to be set up, as CaptureSolar Energy raised $125 milliion from photovoltaic soalr solutions provider, Concept Solutions & Innovation. It is a Cyprus-based company. "We plan to set up 90 MW solar park in Pune. Out of this, we have received funding of $125 million from Concept Innovation & Solution for 75 MW,"CSEL chief executive officer Raju Bhosale told PTI.
Concept Solutions will not only provide finance but also technology solutions for the project, he added. "Concept Solutions is a mandate holder of Danish turnkey PV firm DanSolar International, which already has a technology tie-up with CaptureSolar," he said. Bhosale further said, "A collaborative approach with our technical partners and investors will help us deliver a cost effective PV solution." The Pune-based company expects the solar park to be operational and ready to supply electricity by next March.
-With PTI Inputs
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