JUWI INDIA COMPLETES THREE SOLAR PROJECTS, ITS FIRST IN INDIA
According to the latest information available to BRIDGE TO INDIA, Juwi India Renewable Energies Pvt. Ltd., the Indian subsidiary of the Juwi Group, has completed the construction of three solar PV projects worth a cumulative 17.7MW in India. These projects are of 10MW in Rajkot and 2.5MW in Surendernagar, both in the western Indian state of Gujarat, and a 5.2MW plant located in Jodhpur in the western state of Rajasthan.
According to our information, the projects are yet to be officially commissioned by the developers. At the moment, they are in the process of obtaining the final clearances from the state authorities. As a result, the names of the developers have not been made public so far. Based on our assessment, the developers are Green Infra Ltd. for the 10MW plant in Rajkot and AES Solar for the 5.2MW plant in Jodhpur, while the developer for the Surendernagar project is unknown.
Juwi is one of the largest solar EPC companies in the world with INR48 billion (EUR800m) in revenues in 2010. Juwi India was established in the southern Indian city of Bangalore in February this year. The company opened another office in Delhi in May this year in order to focus on project opportunities in western and northern Indian states.
The completion of the 17.7MW worth of projects marks a crucial first step for JUWI in India. It has so far partnered with Lanco Solar for a 75MW PV plant in Maharashtra. The project is being developed by MAHAGENCO. Based on our information, Juwi’s role in this project is limited to the design and engineering of the plant. Besides this, it currently does not have any projects under construction in India.