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Lauren Jyoti wins contract to build Indian solar plant
Godawari Green Energy has awarded a Rs5.51bn or $115.1 million contract to Lauren Jyoti to build a 50MW solar thermal power plant in Rajasthan, India.
The plant will provide power to the state grid by May 2013.
Lauren Jyoti is a joint venture between Jyoti Structures and Lauren Engineers and Constructors, a wholly-owned subsidiary of Lauren US.
Jyoti Structures has acquired a 50% stake in Lauren Engineers, pursuant to the JV deal.