Monday, November 9, 2009

CASE Neuberg signs MoU with two Cyprus companies


CASE Neuberg Solutions, the Delhi based Indian company has entered in to a memorandum of understanding with two Cyprus companies, NORASCO and Upturn Trading Limited (Owners of Dalco brand) for setting up turnkey solar energy plants in India. Cyprus is a leading country in the field of research and implementation of solar power.
As per the agreeement the Cyprus companies will be supplying solar photovoltaic (PV) systems, kits and technology for the projects to be set up. The investments is estimated of about Rs 350 crore. NORASCO will assist with project finance and investments and CASE will act as technology and engineering partner.

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