IBC SOLAR signs sixth EPC contract in India
Bad Staffelstein / Germany, September 14, 2016 – The Indian subsidiary of IBC SOLAR AG, a global leader in photovoltaic (PV) systems and energy storage, announces the signing of another EPC (Engineering, procurement, construction) contract for a 22.5 MWp PV system in Rajasthan, India.
The new PV installation is located near Phalodi in Rajasthan – one of the federal states with the largest amount of installed solar capacity in India and a dedicated policy regarding renewable energy, especially for large-scale PV power plants. The construction start is expected in October 2016, commission is planned for April 2017. “With this project, IBC SOLAR India will reach an important milestone of installing more than 50 MW of solar capacity in India for third party customers”, says Shailendra Bebortha, Managing Director of the Indian subsidiary IBC SOLAR Projects Private Ltd. having its offices in Mumbai and New Delhi. “Phalodi” is IBC SOLAR’s sixth EPC project in India.
The German company IBC SOLAR AG will provide engineering services and technical supervision, whilst the Indian subsidiary will be responsible for the construction work on site. Client and investor is the LN Bangur Group, which has previously worked with IBC SOLAR on several turnkey projects, such as in Bhadla (2014) and Pokhran (2015). The region of Rajasthan is topographically and climatically challenging and requires an experienced EPC supervision. IBC SOLAR offers more than 30 years of expertise in delivering turnkey PV projects in time. The new contract demonstrates LN Bangur Group’s trust in IBC SOLAR and its ability to deliver high quality solar PV projects in India.
IBC SOLAR is globally represented in more than 30 countries – with its own subsidiaries, international partner companies, and its activities as project developer, project marketer and EPC service provider. No matter what size of PV project, the system house provides expert assistance to its customers and is a financially strong partner with solar system competence from Germany.