Punj Lloyd Group launches solar utility projects
09 Nov 2009
New Delhi Diversified engineering, procurement and construction contractor Punj Lloyd Group today said that its was entering the solar utility segment, through its new venture established in collaboration with Singapore-based Delta Solar, Punj Lloyd Delta Renewables.
Delta Solar, whch has wholly owned subsidiaries in New Delhi, India and Dhaka, Bangladesh, is a turnkey solar solutions provider whose approach encompasses all facets of solar energy systems design and manufacturing, component sourcing, installation and maintenance for both the urban and rural communities.
Punj Lloyd Delta Renewables will be headed by CEO, Dr Tariq Alam, founder, chairman and managing director, Delta Solar Group.
Punj Lloyd Delta Renewables will develop, engineer and execute renewable energy-based projects throughout the world through turnkey integrated development and sustainable solutions within the power, building and infrastructure sectors.
Punj Lloyd, which has already established itself as one of the foremost process contractors in the design and construction of related renewable facilities likely biofuels, will provide solar photovoltaics (SPV) and Solar Thermal solutions with a strong emphasis on technology and providing application specific solutions.
"This initiative will enable us to address the immediate need for significant energy savings and clean energy sources globally,'' said Atul Punj, chairman, Punj Lloyd Group.