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Solar Power
Our Company did envisage entering into solar power and had been exploring various possibilities and opportunities. It was allotted a Solar Power Project of 10MW capacity at Soar Park, Village Charanka, Taulka Santalpur, District Patan, Gujarat by ‘Energy & Petrochemicals Department’–Government of Gujarat on 14th October 2010 in accordance with the provisions of the Solar Power Policy of Government of Gujarat. For this purpose, the company has already signed the Power Purchase Agreement (PPA) with Gujarat Uttar Vij Nigam Limited (GUVNL).
Thermal Power
Further, our subsidiary company, NKG Infrapower Limited has also entered into the Memorandum of Understanding (MOU) with the Government of Madhya Pradesh for setting up of Thermal Power Project of capacity of 660 MW at Rajgarh District, Madhya Pradesh. This Project is at an early stage of development and our subsidiary company has already started to acquire the land and take other necessary steps in this regard.
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