Thursday, December 3, 2009

P2 Solar's progress report on proposed 25MW solar power station in Punjab

SURREY, BRITISH COLUMBIA: P2 Solar Inc. has reported its progress of the proposed 25MW Solar Power Station in Punjab, India. The 25MW project is part of a larger proposed 200 MW project and will be the first of its kind in Northern India.

P2 Solar is well underway in its process of putting together a Detailed Project Report (DPR) that will be presented to the India government officials by January 29, 2010. Once approved, the company will work with government officials to finalize a Power Purchase Agreement and an Implementation Agreement for the 25MW phase.

"It has been and exciting and rewarding journey for us as a company this past year in working towards the goal of becoming a pioneer in the solar industry in India. This is a very exciting time for solar and for the alternative energy sector worldwide, and we are proud to be part of it" stated Raj Grum, President/CEO of P2 Solar Inc.

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