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Electrotherm to invest Rs 700 crore for solar plant in Guj To set up 40 MW thermal plant in 500 acres in Banaskantha

Electrotherm Renewables – a division of Electrotherm (India) Limited, is investing between Rs 700 crore and Rs 800 crore for setting up a 40 Mw solar thermal power plant in Banaskantha. While Electrotherm is still on the lookout for a 500 acre land, the company is expecting some assistance from Gujarat Energy Development Agency (GEDA).

As of now, Electrotherm Renewables has launched its solar water heating system under the brand name ‘Electra’.