HEPL to set up solar water heater plant
Gondal based company Hiramrut Energies Private Limited (HEPL) is setting up its second solar water heater manufacturing unit near Bavla. Under its solar water heater manufacturing arm, Sunray, HEPL is initially investing around Rs 35 crore, with a total investment of Rs 200 crore planned in next 3-4 years.
"We are setting up our next unit at Vasla village near Bavla taluka of Ahmedabad district. We have also signed a memorandum of understanding (MoU) with the Gujarat Government in the recent Vibrant Summit 2011 for an investment of around Rs 250 crore," said Bhavesh Dholaria, managing director of Hiramrut Energies Privet Limited.