Norway’s Statkraft Extends Technology Ally with India’s BLP to Mainstream Solar Power

Two next-gen Norway and India renewable energy companies have join forces to leverage cutting-edge solar power solutions in India.

The agreement will be a 50-50 joint venture with Bharat Light and Power (BLP) - named as Statkraft BLP Solar Solutions Private Limited (“SBSS”).

The joint alliance will render rooftop and ground mounted solutions integrating fine technology and execution. Additionally, SBSS will provide a variety of financing structures.

The two companies intend to make the solutions cost-effective and more sustainable addressing the needs of industrial and commercial consumers.

By 2019, the Indian Government plans that every family will have power 24/7.

"This the way of loving persons takes together 2 things made oneself responsible to support the government's renewable energy ends, said BLP CEO. Tejpreet S. Chopra.”

The mix of our core having necessary qualities in energy business managers and Bharat Light and Power's nearby knowledge and expertise, forms a solid flat structure for value making come into existence services to do with industry and business, trading customers in India," he added.

Statkraft, has already a well-known footprint into the India's hydropower sector.