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Hind Power buys 15 solar projs in Japan, readies B'desh foray

Press Trust of India  |  New Delhi 

Hindustan Power today said that it has acquired 15 solar power generation projects in besides readying a foray into with 100 MW solar projects.

"The company has recently acquired 15 solar power generation projects in and is poised to enter the emerging market of with 4X25 MW solar projects at Trishal in Bangladesh," the company said in a statement.

Hindustan Power also said that it is set to increase footprints in the international markets to 2 GW by 2022.

"We believe that our successful foray will encourage more players from to expand operations in the international markets thereby allowing to emerge as a solar powerhouse," Hindustan Power Chairman Ratul Puri said.

"The proposal to develop 4X25 MW solar project has been submitted to of and required land agreement has already been signed," Lalit Jain, CEO, International Solar, Hindustan Power said.

"We will take these projects into construction in the next couple of quarters. While many of the players were formalising their plans, we recorded the distinction of being the largest renewable energy player in UK way back in 2012 & 2013," Jain said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, July 13 2017. 18:48 IST