Deals2 Sept 2024, 01:51 pm
Epic Energy Limited to Set Up 35 MWp Solar Park in Solapur, Maharashtra
AI Summary
Epic Energy Limited, a significant player in the Solar EPC market, has entered into an Agreement with Niva Ecotech Pvt Ltd to set up a 35 MWp (25 MW) Solar Park in and around Solapur, Maharashtra. The project is expected to be executed by Epic Renewable Projects Private Limited, a 100% subsidiary of Epic Energy Limited. The company is in advanced negotiations with certain blue-chip Corporates in India to set up Solar Energy Plants for them under the Group Captive Open Access system at their proposed Solar Park in Solapur.
Key Highlights
- Epic Energy Limited to set up a 35 MWp Solar Park in Solapur, Maharashtra in collaboration with Niva Ecotech Pvt Ltd.
- The project to be executed by Epic Renewable Projects Private Limited, a 100% subsidiary of Epic Energy Limited.
- Epic Energy Limited in advanced negotiations with certain blue-chip Corporates in India for setting up Solar Energy Plants.
- The project aims to assist Corporate India in reducing their carbon footprint and substantially reduce energy costs.
- Solapur is an ideal location for setting up Solar Parks due to its high solar radiation levels.