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BRIEF-Yinson Holdings Says Unit Accepted LoA From NTPC To Develop Solar PV Power Project In India
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BRIEF-Yinson Holdings Says Unit Accepted LoA From NTPC To Develop Solar PV Power Project In India

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BRIEF-Yinson Holdings Says Unit Accepted LoA From NTPC To Develop Solar PV Power Project In India

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Yinson Holdings Bhd YINS.KL :

* UNIT ACCEPTED LOA FROM NTPC (NS:NTPC) LTD FOR DEVELOPMENT OF 190MW GRID-CONNECTED SOLAR PHOTOVOLTAIC POWER PROJECT IN RAJASTHAN, INDIA

* ESTIMATED AGGREGATE VALUE OF CONTRACT ABOUT 1.5 BILLION RGT

* FOLLOWING LOA, UNIT TO ENTER POWER PURCHASE AGREEMENT TO SUPPLY 25 YEARS OF SOLAR POWER GENERATED ELECTRICITY TO NTPC

Source: reuters

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Anand Gupta Editor - EQ Int'l Media Network
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