You are here: Home » Companies » News
Business Standard

European solar company Lightsource enters Indian market

It won a 50 Mw solar project in Maharashtra under central government's National Solar Mission

Shreya Jai  |  New Delhi 

Solar panels
Solar panels

Energy—one of the largest solar PV energy generators globally based in the and Europe, is spearheading a massive investment in in India.

The company recently won a 50 Mw solar project in Maharashtra under the central government's National Solar Mission.

In a public statement, said it is looking to develop 1,000 Mw over the next 2-3 years.

The company announced it's Indian management with appointment of Rupesh Agarwal as Managing Director for its India operations. Agarwal has been associated with marquee advisories and helped set up and lead the Cleantech practice at EY India and was an Endeavour Ambassador appointed by the Australian High Commissioner to India.

"The Indian Government has set ambitious targets for solar energy, smart solutions and reducing the carbon foot print and we look forward to building a next generation utility. company in India," Agarwal told the paper.

In the last 5 years has deployed over 2 billion pounds to develop and operates 1,300 Mw of solar PV plants in the United Kingdom.

First Published: Sun, November 13 2016. 15:54 IST