It seems that Gujarat is going to emerge as the next big Solar state. After Tata Power, its Suryachakra Power Corp. venturing in Gujarat Solar Market.
On 10th June 2009, Suryachakra Power Corporation Ltd has acquired Suryachakra Power Venture Pvt. Ltd, one of its group companies, as wholly owned subsidiary of the company. Suryachakra Power is in the process of setting up of 50 MW concentrated solar thermal power project in Gujarat and has entered into a memorandum of understanding with the Department of Energy and Petrochemicals, Gujarat.
It is expected that the current wve of investments in the time of recession would surge even futher once the economy is stable.
