REURASIAManagement Corporation

News · Project milestone · 8 December 2020

First maintenance contract in India with Ravindra Energy

Solar PV installation works, 2021
Solar PV installation works, 2021

Maintenance support for Ravindra Energy’s 3 MWe solar PV plant in Karnataka — REURASIA’s first Indian contract, signed weeks after the subsidiary opened.

Reurasia Expands Presence with Maintenance Support Contract for Ravindra Energy Ltd. in India

REURASIA Management Corporation proudly announces its first maintenance support contract in India with Ravindra Energy Ltd., a leading solar project developer in Belgaum, Karnataka. This collaboration marks a significant milestone as Reurasia expands its footprint in the Indian renewable energy sector.

Ravindra Energy Ltd., listed on the BSE, achieved an annual revenue of $100 million in 2020. The company excels in solar energy projects, including ground-mounted and rooftop installations, and solar pumps for irrigation. These initiatives benefit farmers and rural communities.

Reurasia is thrilled to maintain Ravindra Energy’s 3MWe Solar PV Project in Karnataka. We aim to ensure optimal performance and minimize downtime. This support helps Ravindra generate green energy and boost the local economy. By leasing land and sharing profits with local farmers, Ravindra Energy promotes sustainable energy and fosters community development.

Moreover, solar energy is recognized as a cost-effective renewable energy source for homeowners, businesses, and communities. Ravindra Energy’s initiatives, especially in rural and remote areas, address the affordability and accessibility of electricity. Their collaboration with the Ministry of New and Renewable Energies underscores their commitment to research, development, and state-subsidized growth in renewable energy.

Additionally, Reurasia’s partnership with Ravindra Energy Ltd. aligns with our goal of driving a sustainable future through innovative solar energy solutions. We extend our gratitude to Ravindra Energy for their trust and look forward to future collaborations that will further accelerate the adoption of renewable energy in India.

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