The Israel-based Safesky Software, which claims to be the cheapest solar power solution provider in the world, is scouting for projects in India.
"We are in talks with several State Governments and private companies," Mr Arik Klein, President and Founder of the company, said here on Monday at a conference.
"We have spoken to the West Bengal Government for solar power projects with a cumulative capacity of 15 MW and are also looking at private projects with capacity ranging between 1 MW and 15 MW," he said.
The company is also looking at private solar projects in Delhi and Mumbai; and water desalination project in Gujarat. It is close to finalising a 1 MW solar power project with a logistics company in West Bengal.
The company claims to set up solar power projects at cost 40 per cent less than that prevailing in the market. "For generating one MW solar power, our project cost is $7,00,000 as against $ 1-2 million in case of others," Mr Klein said. It requires 3,000 sq mt of solar panels for generating 1 MW power as against 80,000 sq mt being used now, he pointed out.
The company operated on a business-operate and transfer (BOT) model and financed projects for its customers, he said. It currently has projects in China, Africa, Turkey and Cyprus and has an installed capacity of 2000 MW worldwide.
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