India's Punj Lloyd inks pact with Qatar solar firm
Punj Lloyd Group has won the contract for the first polysilicon plant of Qatar. The contract has been awarded by Qatar Solar Technologies. It is scheduled to be commissioned by mid-2013.
QSTec plans to set up a plant in Qatar to manufacture 8,000 MTPY polysilicon with an investment of approximately US $1billion. This will be situated in Ras Laffan Industrial City in the north east of Qatar, the heart of Qatar’s LNG refineries and exports.
The scope of work is based on residual basic engineering and design, detailed engineering, procurement, supply, manufacturing, fabrication, route survey wherever required for over dimensional consignments, installation, construction, testing, pre-commissioning and commissioning.
Ravindra Kansal, president and CEO, Middle East, Africa & CIS, said: “In view of the fluctuating oil prices, we are privileged to be contributing to Qatar’s initiative of tapping into solar power. The contract will not only demonstrate Punj Lloyd’s dominant position in the global renewable energy space, but will also underline its commitment to participate in the infrastructural growth of the country.”