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Tecpro Systems’ arm bags solar EPC order worth Rs 34.68 crore

27 May 2013 Evaluate

Tecpro Systems’ wholly owned subsidiary - Eversun Energy, engaged in the business of EPC for solar power projects, has received order worth Rs 34.68 crore for its solar EPC business from NTPC. The company acquired Eversun Energy in February 2012, making a foray into high potential renewable energy (solar) segment. Eversun is focused on providing photovoltaic systems on EPC basis, widely used in both residential and commercial applications.

The current EPC order is for 5 MW solar photovoltaic (SPV) power plant of NTPC at Faridabad, Haryana. Eversun will be using the multi crystalline PV modules for this project. The scope of work under the contract include design, engineering, supply, erection, testing and commissioning of the plant on turnkey basis along with operation and maintenance.

Solar power is set to become a crucial component of India's energy basket. The country is slated to add 20 GW of solar generation capacity by 2022 under the ambitious Jawaharlal Nehru National Solar Mission (JNNSM). Significant progress is being made in this direction. The current grid-connected solar PV power capacity stands at over 1,600 MW from less than 40 MW in March 2011. The growth is being driven by conducive government policy, falling prices of solar panels and ever rising power deficit in the country.

Tecpro System provides comprehensive range of services in coal handling and Ash handling, balance of plant packages for power sector and material handling to steel, cement, ports and mining and other industries in infrastructure sector.

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