Jakson to Set Up Assam’s Biggest Solar Plant; Plans to Invest Rs 300 Cr

Jakson Group, country’s one of the leading diversified energy and EPC solutions provider, is planning to invest Rs 300 crore in the state of Assam by setting up the state’s biggest solar power plant having 70 MW capacity.

The move came after the Noida-headquartered company had won the bid for developing this 70 MW grid connected solar power plant in Assam under the Request for Proposal (RfP) issued by the discom Assam Power Generation Corporation Ltd (APGCL) last year.

In line with the development, the company has now signed the Power Purchase Agreement (PPA) with APDCL for this project situated at Amguri in Sivasagar district of Assam.

During the agreement signing ceremony, which was held at the CM Secretariat, Assam Chief Minister Sarbananda Sonowal along with other senior government officials and dignitaries were present.

Commenting on the project, Sundeep Gupta, Vice-Chairman & Managing Director of Jakson Group, said that “as one of India’s leading solar power developers, Jakson is proud to set up another milestone solar power plant in the state of Assam. The project will be the biggest solar power plant in Assam and contribute towards achieving India’s ambitious solar energy target of 100 GW by 2022.”

“With this project, our solar IPP portfolio now stands at 300 MW, of which 80 MW is operational and 220 MW is under various stage of execution. We plan to scale this to 1 GW in the next 2-3 years,” told Atul Gupta, Assistant Vice President – IPP Business of Jakson Group.

Besides this PPA, the diversified group, Jakson, has also inked a land lease and project implementation support agreement with APDCL for the project.

On the timeframe of completion of the project, Atul Gupta added “with the support of APDCL, we are confident of completing this project on schedule in the next 12-14 months.”

Jakson was established in 1947 and has an extensive presence in the country with 2,200 employees, 3 manufacturing facilities, 22 sales offices, 2 service centers, 1 global training centre and a wide network of channel partners and dealers. It has business operations in countries like India, Bangladesh, Nepal, Singapore, Dubai and East & West Africa.