Orbit Exports’ Board of Directors have approved to enter into an agreement with K&H Constructions, for the development of 2MW Solar Captive Generating Plant (SCGP) as Special Purpose Vehicle (SPV) in south Gujrat region by having equity of 26% in SPV. The entire power units generated from the said SCGP will be supplied to the company, at its Kosamba and Sarigam facilities, at a discounted price against the DISCOM price.
Orbit Exports is one of India’s largest exporters of novelty fabrics. Orbit’s global reach is testament to its success, with the company having established prolific operations in the USA, Latin America, Africa, Europe and the Far East.