Shree Ganesh Jewellery gets into solar power

City-based, Shree Ganesh Jewellery House Ltd. (SGHJL), on Wednesday, said that it had set up a 25 MW solar power project in Gujarat, marking its foray into solar power. The project had been executed through its subsidiary Alex Group. Set up at Rs,400 crore on 150 acre, unit would sell power at Rs.15 a unit to the Gujarat Government. The project had started commercial production from April 4. The company was eyeing similar projects in Odisha, Bihar, Uttar Pradesh and Jharkhand. In Gujarat itself, the company was planning to set up two additional solar power units of 25 MW and 50 MW. According to Nilesh Parekh, Group Chairman, Alex Group of Companies, the company was also planning to set up a 1,000-acre solar power park. Keywords: Shree Ganesh Jewellery