Companies

Astonfield wins Mauritius’ solar projects

Our Bureau Bangalore | Updated on July 29, 2014




Astonfield Renewables, an independent solar power producer, has secured two projects for a total of 4 MW in Mauritius under its Government’s 10-MW solar photovoltaic (PV) programme.

The first 2-MW project, to be located in La Gaulette, will be developed by Astonfield, while the second one in Union Flacq will be executed in partnership with Alteo Energy.

Astonfield will make a total investment of around $8.2 million (₹50 crore) to develop the projects, with two major local banks to provide the financing.

Balraj Naroo, Chairman of Central Electricity Board (CEB) of Mauritius, and Babou Rajpati, a resident board member of Astonfield Renewables, signed the contract.

The competitive tender process saw Astonfield emerge in the top three among 56 bids submitted by leading solar PV developers.

Astonfield is one of three companies to have been awarded this tender capturing 40 per cent of the allocated projects.

The company expects to leverage its presence in India and its global development expertise to deploy the most efficient advanced solar PV projects in Mauritius.

Ameet Shah, Co-Chairman and Director of Astonfield Renewables, said: “With this additional capacity, Mauritius is positioning itself to be the clean energy hub for not only its territory but also East Africa as we are determined to use the country as a platform for financing activities, engineering and project management related work.”

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Published on July 29, 2014
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