India IPP plans 90MW PV plant

Indian power producer CaptureSolar Energy has raised $125m in investment from Cyprus-based PV systems provider Concept Solutions & Innovation to help set up a 90MW solar park in Pune.

CaptureSolar said 75MW of the capacity will be funded through the deal with Concept Solutions, which will supply technology for the project.

CaptureSolar expects the plant to be ready to supply power by March 2015.