Kundan Green and Havells plan captive solar project in Rajasthan
Kundan Green Energy has entered a partnership with Havells India Limited to set up a captive solar project in Rajasthan through a special purpose vehicle (SPV) called Kundan Solar (Pali) Private Limited. The project involves an investment of Rs 725 million and will supply captive power to Havells. Kundan Green Energy and Havells will work through the SPV to design, develop, install and operate a 21.43 MWp or 15 MWAC solar plant. Havells will hold…