News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 14 years ago
Home  » Business » Sahara-Israel firm to develop solar power tech

Sahara-Israel firm to develop solar power tech

By BS Reporter
May 26, 2010 10:57 IST
Get Rediff News in your Inbox:

PowerLucknow-based Sahara India's subsidiary Sahara India Power Corporation Limited joined hands with Safesky Software of Israel on Tuesday for promoting advanced solar power and other technologies in India.

A memorandum of understanding was signed between SIPCL CEO Ashok K Bhargava and Safesky chairman Amos Bouchnik along with Safesky president and founder Arik Klein.

Safesky Software will be setting up a demonstration solar power plant of 5 Mw at a Sahara location in India.

In addition to conventional power, Sahara Power is keen in exploring renewable power generation methods.

"With this association, we intend to bring cutting edge technology in solar power generation," Bhargava added.

Safesky has advanced technologies in solar power, medical, communication and water, which will be available to SIPCL for marketing and manufacturing in India.

"In India, particularly rural areas, with 500 million people, the power deficit is high and I am sure this product will help our country immensely," Sahara India managing worker & chairman Subrata Roy said.

"I am privileged with the opportunity to have this partnership together with Sahara based on the technology of Safesky. I am looking forward to build the first solar station for the benefit of the Indian population," Klein said.

Get Rediff News in your Inbox:
BS Reporter in New Delhi/Lucknow
Source: source
 

Moneywiz Live!