ARIES WAAREE SOLAR PVT.LTD. BAGGED ORDER FOR ENGINEERING SERVICES, TO SET UP A 40 MW SOLAR PV POWER PLANT FOR ADANI GROUP IN GUJARAT INDIA

Mumbai, September 3rd, 2010 -Aries Waaree Solar Pvt Ltd. (AWSPL), operates in the field of engineering, construction and supervision of Renewable Energy Power Plants in India. AWSPL bagged order for engineering services to set up 40 MW Solar PV Power Plant for Adani Group Gujarat India


Mumbai, September 3rd, 2010 -Aries Waaree Solar Pvt Ltd. (AWSPL), operates in the field of engineering, construction and supervision of Renewable Energy Power Plants in India. AWSPL bagged order for engineering services to set up 40 MW Solar PV Power Plant for Adani Group Gujarat India

Speaking on the occasion Mr. V.K. Jain, Joint President & Head of Renewable Power, Adani Group said "We are very happy to award this order to AWSPL. A greener world is the new dictum and thus utilization of renewable energy needs to be encouraged. Its good to see that people are now moving towards Solar Power generation and this Industry is picking up in India and I am sure that India will be a noted player in the future at global level". This is the first step of Adani Group towards Solar Power generation.

"We are delighted to develop this important project for Adani Group. It is the first large scale solar MW project to be built not only in India but in Asia and it represents an important milestone in the development of solar energy in India." Said Mr. Alberto Sanchez, Business Development Manager for Asia, Aries Ingenieria y Sistemas.

"It's a proud moment for the Aries Waaree Solar Private Limited to get order from Adani Group and that makes us the major player in Solar Power engineering company in India. Apart from engineering services we assure our customers of very high quality PV modules and other products for Solar PV power plants." Said Mr. Hitesh Doshi, Chairman of Waaree Group


Aries Waaree Solar Pvt. Ltd.: Is Joint venture company between, Mumbai based Waaree Group and Aries Spain.

Aries Ingeneria Sistemas S.A, Spain: It provides engineering services including feasibility studies, basic and details engineering, construction, commissioning and operation of projects in the Automotive, Industrial, Defense and Security and Energy industries. In the Energy sector, ARIES promotes clean energy resources through the design, build and operation of CSP, PV and Wind farm setups. With presence over 20 countries and offices located in Madrid (Spain), San Francisco (CA , USA ) and Shanghai ( P.R of China )

Waaree Group in India - It has business interest in solar energy (produces solar modules) Automation and process control instrumentation (India's largest producers for gauges) Petrol station equipments, Valves and Lubricants. Waaree has bagged National level EEPC award for the fourth time back to back this year and Entrepreneur award from President of India in small and Medium Sector. With Nationwide presence in India Waaree products are exported to more than 65 countries.

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