New Delhi, 4th March, 2013: Jakson Power Solutions, India's leading power solutions company has commissioned its first solar IPP project at BAP, Jodhpur District, Rajasthan. The 20-MW solar power plant in Rajasthan has been set up with an investment of Rs 200 crore under government's Jawaharlal Nehru National Solar Mission (JNNSM) policy Phase 1 Batch 2. Jakson Power Solutions has signed 25 years power purchase agreement (PPA) with NVVN (NTPC Vidyut Vyapar Nigam Limited) for this project.

The solar power plant is built on an approximately 100 acres land using high efficiency crystalline solar cells technology. Also it is the largest single location Solar Power farm in India based on crystalline cell technology. The project is expected to generate permanent employment for 100 people. The entire execution from purchase of land to commissioning was completed in a short span of 10 months.

The company has also acquired 250 acres of additional land at the same site for developing solar farms and plans to scale up the capacity to 100 MW in next 3 years.

To add to Jakson's credentials, its arm - Jakson Power Solutions EPC - has now executed EPC contracts for a total of 40-MW solar power at the same site.

Mr Sundeep Gupta, Jt Managing Director, Jakson Power Solutions said "Jakson forayed into field of solar power in 2012 and in short span of one year it has ventured into solar IPPs, solar EPC, solar products and solar power solutions. We now look forward to the next stage of biddings to scale up our capacity and aim for dominant position in the Solar Power business which will be reflective of Jakson's leadership position within the power solutions industry."

Jakson is one of India's leading Power Generation Groups. With 4 companies in its fold, the group has a strong presence in various sectors and has a turnover of Rs1300 crore. Established in 1945, Jakson has more than 1800 employees with a sales and operations presence across India, Nepal & Bangladesh.

The group manages diverse business interests in the areas of power generation, power distribution, solar power, electrical contracting, international business and hospitality delivering comprehensive services in the market.

Pooja Chawla, Jakson Power Solutions. Email: pooja.chawla@jakson.com