Induj Enertech signs MoU with Israel-based Co

Mumbai, Aug 8 (UNI) Induj Enertech has signed a memorandum of understanding (MoU) with Israel-based EDIG Construction Management for being the exclusive representative of EDIG for marketing of solarised turbine power plants in India.

EDIG has developed 'solar thermal generation technology' in collaboration with Weizmann Institute of Science&Technology, Israel, a company release to BSE here said.

The technology will be more cost effective, as compared to solar photovoltaic technology, which is currently being used.

With the new technology, the capital cost of solar projects will substantially reduce and also efficiency of the projects will improve, as compared to solar photovoltaic systems.

UNI SN GK SKB1748