Sungevity Enterprises, a solar power solutions company, is gearing up to set up the biggest solar power plant in Mizoram with a capacity of 100 MW. This is based on the Memorandum of Understanding (MoU) signed with the Mizoram government on April 21.

Sungevity Enterprises chairman, Premjeet Sharma along with senior directors of the company on Wednesday met with Chief Minister Lal Thanhawla and submitted the Detailed Project Report (DPR) for setting up the mega solar power plant in Mizoram, official sources said on Thursday.

The proposed solar power plant would be set up at a whopping Rs. 630 core, the sources added.
Apart from providing solar power to the state, the project will also open huge employment opportunity for the local work force.

Speaking on the occasion, Lal Thanhawla thanked the officials of Sungevity Enterprise and said that the mega solar power plant would be a progressive step towards developing Mizoram. He said that a number of national and multinational corporate organizations are eyeing at starting business in Mizoram and are ready to contribute for the overall development of the state.

Premjeet Sharma also on Wednesday called on Mizoram governor Kummanam Rajasekharan at Raj Bhawan here and apprised him about the proposed mega solar plant, officials of Sungevity Enterprises said.

They also informed the Governor about various initiatives taken by the company towards ushering in development via investment in Mizoram.

CEO, Magnetic Mizoram Investors Summit and Managing Director of Innovations India, Captain Rahul Bali, who facilitated both the meetings, also expressed satisfaction that a big company like Sungevity Enterprises is now looking at Mizoram as an investment destination.

He said that the various campaigns and activities being conducted jointly by the Mizoram government and Innovations India for the overall development and promotion of the state have started to bear the desired fruits.

This is surely the beginning of an investment era in Mizoram, he added.

Sungevity Enterprises signed a Rs 600 crore project with the Mizoram government for generating solar energy in the state at the end of a two day Mizoram Magnetic Investors Summit here on April 21.

Rs 1,500 crore project for hospitality and construction of hotel in Mizoram was signed between the Mizoram government and Hospitality doctor on the same day.