RDB Infrastructure and Power has entered into a Memorandum of Understanding (MoU) with Mecpower Solutions for execution of EPC works in relation to development of Solar Power Project of 70 MW (AC) / 95 MW (DC) capacity along with 25 MWh Battery Energy Storage System at Bikaner, Rajasthan. Broad consideration or size of the order is around Rs 348.64 crore.
As per the MoU, the parties shall jointly participate in the project on 50:50 basis for profit-sharing arrangement. The company shall undertake procurement and execution of EPC scope for the Project.
RDB Infrastructure and Power (formerly known as RDB Realty & Infrastructure), a flagship company of RDB Group, is one of the leading real estate companies in Eastern India. The company has diversified interests in power & telecom transmission equipment, retail chain and transport & logistics.
