Bhilwara Energy Limited, LNJ Group asks The meeco Group to secure PV projects in Europe – The meeco Group accelerates its business outreach in India




September 22, 2010


7:40 am

The meeco Group is very pleased to announce it is now employed by Bhilwara Energy Limited (BEL) to secure Photovoltaic Energy projects in Europe. This follows The meeco Group’s recent initiation of operations in India. The meeco Group brings its expertise in several areas: identifying suitable projects which offer the optimal combination of yield and tariff, managing project risks, arranging full EPC contracts, and overall project management.

The meeco Group will develop projects for BEL (a 600 million Euro Indian conglomerate) over the next three months, leapfrogging BEL into a MW-size player in the PV sector. “We are excited about partnering with The meeco Group, who has demonstrated its professional, meticulous approach in identifying projects and risk management. This is evident from all our field visits”, explains Mr. Ramesh Gupta, BEL’s General Manager for the Solar Section of BEL.

“Europe is the leading market for PV energy and through meeco India we provide a bridge for Indian corporations and investors to acquire low risk MW-sized PV assets. Those assets yield high returns and provide an excellent benchmark for building larger PV assets in the sub-continent. BEL’s selection of The meeco Group for its solar foray into Europe is a truly remarkable testimony to our highly experienced team”, said Mr. Tarun Munjal, The meeco Group’s Director for India operations.