The Indian PV module manufacturer and engineering, procurement and construction contractor has already signed a Power Purchase Agreement with the government of Gujarat.
According to CEO Punit K.Goyal, the plant, which will be located in Patan near Ahmadabad, will be built in four phases. Each phase will consist of ten MW; the first one should be connected to the grid shortly.
PLG Power has additionally secured the equity participation of 20 MW with Zamil of Saudi Arabia, and 20 MW with Ashburg of U.K. Pramod Goel CMD of PLG Power added that the company has "many projects lined up, which involve huge investments".
The companys first PV module manufacturing plant – located in Sinnar, India – was set up in 2008 under a collaboration with Spire Corporation. It has an installed capacity of 25 MW: this is currently being expanded to the 50 MW. Overall, the aim is to reach a capacity of 150 MW.