Gaurs Group forays into energy sector with 15 MW solar power project in UP
Delhi-NCR based Gaurs Group, a real estate developer, has forayed into energy sector with 15 Mega Watt solar power plant at Mahoba in Uttar Pradesh.
The project is spread over 50 acres area and is built with an investment of Rs 80 crore and has been financed through private equity as well as a funding of Rs 55 crore from State Bank of India, the company said in a statement.
According to the realty firm, the plant will generate 2.25 crore units of electricity annually and project’s capacity can be enhanced as per future requirements.
