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Jakson Power to invest in solar segment

Monday, 03 Jun 2013
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Jakson Power Solutions intends to invest around Rs 750 crore in its solar segment in the next three to four years.


The company has already implemented a 20 MW solar power project in Rajasthan and plans are in progress to increase the generation capacity to 100 MW within three years.

 

Besides solar energy, the company will invest in EPC, generating sets, and hospitality.


Under Hospitality, Jakson Power is building three small hotels, each having about 100 rooms in upcoming industrial towns. Two hotels will be constructed in Maharashtra and Gujarat, while the site for the third one is yet to be finalised. The first hotel in Maharashtra is expected to be ready by December 2013.


Moreover, the company is exploring opportunities in the solar segment overseas, including in Africa and the Middle East.


 


 

 
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